Tether to Propose Board Candidates at Juventus Shareholder Meeting
- Tether, the issuer of the largest stablecoin, plans to propose its own candidates for a board seat at Juventus FC.
- Tether holds a 10.7% stake in the Italian soccer club.
- The proposal will be submitted at the club's annual shareholder meeting in November.
- Tether intends to suggest governance changes at the meeting on November 7.
- Juventus investors will vote on board renewal during this meeting.
- Tether acquired an 8.2% stake in Juventus in February and increased it to over 10% by April.
- Following the stake increase, Tether has sought a more active role in the club's operations.
- Juventus is one of the most renowned soccer clubs globally, with strong performances in Serie A throughout the 2010s.
