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Juventus Fan Token JUV Jumps 35.5% to $1.79—Tether Eyes Board Seat

Broader fan tokens advanced as CITY, PORTO, and ACM rose; Tether, now Juventus’ second-largest shareholder after Exor NV, is seeking a board seat after lifting its stake to 10.7% by April, valued at €128 million in June.

Summary

Fan tokens rallied, led by Juventus’ JUV up 35.5% to $1.79. Manchester City’s CITY gained 13.98%, Porto’s PORTO 9.17%, and AC Milan’s ACM 7.49%. JUV outperformed amid news that Tether, now Juventus’ second-largest shareholder after Exor NV, seeks a board seat. Tether disclosed its stake in February, reached 10.7% by April, and it was valued at €128 million in June. The development marks the first time before 2025 that a major European football club counts a crypto company among its top shareholders. Tether also reported USDT’s market cap above $160 billion and Q2 2025 net profit of $4.9 billion.

Terms & Concepts
  • Fan Token: A blockchain-based digital asset issued by sports clubs that offers holders engagement perks or governance-like features; tradable on crypto exchanges.
  • Stablecoin: A cryptocurrency designed to maintain a peg to a reference asset, such as the U.S. dollar; used for trading and settlement.
  • USDT (Tether): Tether’s U.S. dollar–pegged stablecoin; the issuer reported its market cap exceeded $160 billion.