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$JUV Tether aims for Juventus board amid the Club World Cup Tether, issuer of the USDT stablecoin, has increased its stake in Juventus to over 10%, investing 128 million euros. It is now the second-largest shareholder. The progress reinforces the growing rapprochement between the crypto universe and professional sports. Tether's entry into football is not isolated. Through its investment division, Tether Investments, the company acquired a significant stake in Juventus, intending to incorporate its technological solutions into the sports sector. Paolo Ardoino, CEO of Tether, stated that the investment represents a commitment to innovation and long-term collaboration, focusing on enhancing the fan experience and strengthening the club's financial structure. Tether has also expressed interest in participating in future capital rounds to maintain its shareholding position and drive Juventus' strategic growth. According to Bloomberg, the company intends to integrate into the club's board of directors, which would allow for greater influence over decisions and the team's direction. Tether seeks a role in Juventus management with a digital focus. Despite the growing involvement, Tether faces obstacles in its relationship with the Agnelli family, which controls Juventus through the holding company Exor, owning more than 60% of the club's shares. This ensures the family decisive power in major decisions. Although Tether seeks a closer collaboration with the team's management, it has not yet achieved full participation in the decision-making process. Nonetheless, the alliance between Tether and Juventus opens up opportunities to explore new ways of engaging with fans, such as the use of digital tokens and immersive experiences. The combination of Juventus' sports tradition and Tether's technological innovation could usher in a new phase in the management and experience of professional football. Juventus FC players during a match in the Club World Cup. Source: X/@SoyCalcio_ Fan token JUV plummets despite Juventus' .$JUV $XRP
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$OG OTC Weekly Trading Insights (10/11/2024) OG Fan Token ($OG), the cryptocurrency associated with the European Esports organisation OG, experienced significant price fluctuations over the past week. The token's value rose dramatically from $2.6 to a peak of $14.3 within just four days, only to drop by more than 50% to $6.6 in a single day. Despite this volatility, the token still recorded an impressive seven-day return of 178%. During this period, trading volume on Convert increased by over 350 times, as traders leveraged the platform to execute large trades while mitigating market risks. Similarly, the Santos FC Fan Token ($SANTOS) witnessed a notable surge in trading activity on Convert, with trading volume increasing twelvefold compared to the previous week. The rise in demand for Fan tokens on the Chiliz blockchain was largely influenced by the activity surrounding the OG Fan Token. Wing Finance ($WING), a decentralised lending platform that operates on a credit-based, cross-chain model, also saw a significant uptick in interest. The platform's partnerships have allowed it to explore various lending markets, including under-collateralized and synthetic token lending. Last week, WING's trading volume skyrocketed by 33 times on Convert, resulting in a weekly gain of 20.3%. The Prosper ($PROS) token experienced a remarkable surge in value following an announcement from Animoca Brands, a blockchain and game software company, regarding its intention to acquire additional native tokens of the platform. This news captured the market's attention, leading to a price increase of over 55% within a week, accompanied by an 89.9% rise in trading volume on Convert.$OG $WING
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$OG Binance Futures to Launch OGUSDT Perpetual Contract With Up to 50x Leverage on May 12 AI Summary OG Fan Token-backed perpetual futures contract adds to Binance's expanding trading offerings May 12, 2025 – Binance Futures has announced the launch of a new USDⓈ-Margined Perpetual Contract for OGUSDT, further expanding its list of supported crypto derivatives. The contract will go live on May 12 at 09:00 UTC, offering up to 50x leverage and round-the-clock trading access. Key Details of the OGUSD #BTCVSGOLD
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🚀🚀$OG OG Reaching a New All-Time High, Increase of 32.13% in 24 Hours According to Binance Market Data, OG has achieved a new all-time high, trading at 24.68 USDT. The 24-hour increase of 32.13%$OG
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$OG OG sets a new historical high, 24-hour increase of 32.13% According to Binance market data, OG is currently priced at 24.68 USDT, with a 24-hour increase of 32.13%, reaching a new historical high.$OG #BinanceBlockchainWeek
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