BlockBeats news, on August 15, according to HTX market information, the fan token sector saw a general rise, among which:
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%;
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%;
Juventus fan token JUV leads the rise possibly due to its connection with Tether, which is currently the second-largest shareholder of Juventus, following Exor NV. Exor is the investment company of the Italian billionaire Agnelli family, which has controlled the football club for over a century. According to a statement from Tether, Tether is also seeking to obtain a seat on the board of Juventus.
Before 2025, no mainstream European football club had listed a cryptocurrency company as one of its main shareholders. Tether first revealed its stake in Juventus in February this year, and by April, its ownership had reached 10.7%. When disclosed in June, this stake was valued at approximately 128 million euros (about 149 million dollars). Tether has performed impressively in the stablecoin market, with USDT's market capitalization exceeding 160 billion dollars, accounting for about 60% of the stablecoin market, far surpassing its competitor USDC's approximately 64.7 billion dollars. Tether recorded a net profit of 4.9 billion dollars in Q2 2025.
