Tether: Will participate in Juventus Football Club's €110 million capital increase plan and submit a list of board candidates

ChainCatcher News, according to Reuters, Tether stated that it plans to submit its own list of board candidates at the annual shareholders' meeting of the Italian football club Juventus (stock code: JUVE.MI) to be held next month.

Tether already holds 10.7% of Juventus shares, making it the club's second-largest shareholder, second only to the Agnelli family's investment company Exor, which holds 65%. Juventus will hold a vote on the board reshuffle at its annual shareholders' meeting on November 7. Tether also said it plans to propose some "governance structure adjustments" at the meeting, but did not provide further details.

In addition, Tether added that it plans to participate in the capital increase plan of up to 110 million euros (approximately 129 million US dollars) proposed by the Juventus board last month. Exor has already paid nearly 30 million euros for this capital increase.