Tether Excluded from Juventus Fundraising Despite 10% Stake, CEO Expresses Frustration

Tether CEO Paolo Ardoino publicly criticized Juventus Football Club for excluding the stablecoin issuer from its recent €15–€110 million fundraising round. Despite holding a 10% stake, Tether was barred from participating in efforts to revitalize the struggling Italian football giant.

"We simply cannot contribute unless society allows us to," Ardoino stated, framing the decision as a missed opportunity to restore Juventus’ former glory. The club finished fourth in Serie A this season amid financial and sporting challenges.

The public airing of grievances suggests deepening tensions between the cryptocurrency firm and Juventus management. While some observers sympathize with Tether’s position, others question the wisdom of handling such disputes through open channels rather than private negotiations.

Tether remains committed to its "Make Juventus Great Again" initiative, though the path forward appears increasingly contentious. The situation highlights growing pains as traditional institutions navigate relationships with crypto-native investors.