Juventus Fan Token JUV Surges Over 35.5% in 24 Hours, with Tether as Its Club's Second-Largest Shareholder

BlockBeats News, August 15, according to HTX market data, the fan token sector saw a general rise, including:

Juventus Fan Token JUV is currently priced at $1.79, with a 24-hour increase of 35.5%;

Manchester City Fan Token CITY is currently priced at $1.28, with a 24-hour increase of 13.98%;

FC Porto Fan Token PORTO is currently priced at $1.09, with a 24-hour increase of 9.17%;

AC Milan Fan Token ACM is currently priced at $1.17, with a 24-hour increase of 7.49%;

The rise of Juventus Fan Token JUV may be related to its association with Tether, as Tether is currently the second-largest shareholder of Juventus after Exor NV, the largest shareholder. Exor is the investment company of the Italian billionaire Agnelli family, which has been in charge of the football club for over a century. According to a statement from Tether, Tether is also seeking a seat on Juventus's board.

By 2025, no mainstream European football club had ever listed a cryptocurrency company as one of its major shareholders. Tether first disclosed its stake in Juventus FC in February this year, with its stake reaching 10.7% by April. The value of this stake was approximately 128 million euros (about 149 million US dollars) when disclosed in June. Tether has performed well in the stablecoin market, with a market capitalization of over 160 billion US dollars, accounting for about 60% of the stablecoin market, far exceeding its competitor USDC with approximately 64.7 billion US dollars. Tether recorded a net profit of 4.9 billion US dollars in Q2 2025.