BitcoinWorld SEC Crypto Rules: Unlocking Future Digital Asset Markets with NYSE Are you ready for a seismic shift in how digital assets are regulated in the U.S.? The financial world is buzzing with news of a pivotal meeting between the U.S. Securities and Exchange Commission’s (SEC) Crypto Task Force and the New York Stock Exchange (NYSE). This isn’t just another regulatory chat; it’s a deep dive into shaping the very foundation of SEC Crypto Rules and the future of cryptocurrency in traditional finance. This crucial dialogue signifies a growing recognition by established financial institutions and regulators of the burgeoning digital asset space, moving towards a more structured and regulated environment. What’s Driving the Dialogue on Crypto Regulatory Frameworks ? The cryptocurrency market has evolved from a niche technology to a multi-trillion-dollar industry, attracting both retail and institutional investors. However, its rapid growth has outpaced existing financial regulations, leading to a patchwork of rules and significant uncertainty. This meeting between the SEC and NYSE underscores a critical need for clarity and consistency within crypto regulatory frameworks . The SEC, as the primary regulator for securities markets, and the NYSE, as a cornerstone of global capital markets, are uniquely positioned to influence the direction of digital asset regulation. According to a report from Cointelegraph on X, the discussion focused on several key areas, highlighting the complex challenges and immense opportunities that digital assets present. The primary drivers for this dialogue include: Investor Protection: Ensuring that individuals and institutions investing in digital assets are adequately protected from fraud, manipulation, and market volatility. Market Integrity: Establishing robust rules to prevent illicit activities, ensure fair trading practices, and maintain trust in digital asset markets. Innovation vs. Regulation: Balancing the need to foster technological innovation in the blockchain space with the imperative to create a stable and secure financial environment. Global Harmonization: The desire to align U.S. regulations with international standards, given the borderless nature of cryptocurrencies. A Closer Look: Key Topics Discussed Between SEC and NYSE Crypto The meeting between the SEC Crypto Task Force and the NYSE Crypto team wasn’t merely a high-level discussion. It delved into specific, actionable areas that could redefine how digital assets are traded and listed in the U.S. These key topics are indicative of the industry’s direction and the regulatory bodies’ priorities: Tokenized Equity Trading: Exploring the mechanisms and regulatory implications of representing traditional company shares as digital tokens on a blockchain. This could revolutionize how equities are issued, traded, and settled. Consistent Listing Standards for Spot Crypto ETPs: Addressing the need for uniform and clear guidelines for listing exchange-traded products that hold actual cryptocurrencies, rather than futures contracts. This has been a significant point of contention for the SEC in the past. Fostering a Level Playing Field for Market Participants: Ensuring that all entities, from large financial institutions to individual investors, operate under similar rules and have equitable access to markets, promoting fair competition and preventing monopolistic practices. These points suggest a strategic move towards integrating digital assets more deeply into existing financial structures, while simultaneously attempting to mitigate the unique risks they present. The Promise of Tokenized Equity Trading: Revolutionizing Capital Markets? The concept of Tokenized Equity is not entirely new, but its discussion at such a high-profile meeting signals a serious consideration for mainstream adoption. Imagine owning a fractional share of a company, represented by a digital token on a blockchain. This could unlock unprecedented opportunities: Increased Liquidity: Tokenization can make illiquid assets, like private company shares or real estate, more tradable and accessible to a wider pool of investors. Fractional Ownership: It allows investors to buy smaller, more affordable portions of high-value assets, democratizing access to investments. Enhanced Efficiency: Blockchain technology can streamline processes like clearing and settlement, reducing costs and transaction times. Global Accessibility: Tokenized assets can be traded 24/7 across borders, opening up new markets and investor bases. However, the path to widespread tokenized equity trading is fraught with challenges, primarily around legal certainty, interoperability between different blockchain networks, and ensuring that regulatory oversight can effectively manage these new forms of securities. Navigating the Path for Spot Crypto ETPs : What’s Next? The conversation around Spot Crypto ETPs (Exchange Traded Products) is perhaps one of the most anticipated developments in the U.S. crypto market. Unlike futures-based ETPs, which derive their value from futures contracts, spot ETPs hold the underlying cryptocurrency directly. This offers investors direct exposure to the asset’s price movements without the complexities of direct ownership or managing private keys. The SEC has historically been hesitant to approve spot crypto ETPs, citing concerns about market manipulation, custody risks, and a lack of surveillance-sharing agreements with regulated crypto exchanges. However, the recent approval of several Bitcoin spot ETFs in early 2024 marked a significant shift. The discussion with NYSE on consistent listing standards suggests a move towards establishing a more predictable and transparent framework for these products, potentially paving the way for more diverse spot crypto ETPs, including those for Ethereum and other major cryptocurrencies. Consistent standards would provide clarity for issuers and greater confidence for investors. Why a “Level Playing Field” Matters for Market Participants The idea of fostering a “level playing field” for market participants is fundamental to fair and efficient financial markets. In the context of digital assets, this means ensuring that no single entity or group has an unfair advantage due to regulatory loopholes, technological superiority, or market dominance. For the SEC and NYSE, this involves: Equal Access to Information: All participants should have timely and equitable access to relevant market data and regulatory updates. Fair Competition: Regulations should promote healthy competition among exchanges, custodians, and service providers, preventing monopolies and fostering innovation. Uniform Enforcement: Rules should be applied consistently across all market participants, regardless of their size or influence, to deter illicit activities and ensure compliance. Mitigating Regulatory Arbitrage: Preventing firms from exploiting differences in regulatory oversight across various jurisdictions or asset classes. Achieving a truly level playing field is crucial for building long-term trust in the digital asset ecosystem and encouraging broader institutional adoption. Challenges and Opportunities: What Lies Ahead for U.S. Crypto? While the meeting between the SEC and NYSE signals positive momentum, the path forward for U.S. crypto regulation is not without its hurdles. Challenges include: Rapid Technological Evolution: The pace of innovation in blockchain and crypto often outstrips the ability of regulators to keep up, creating a constant need for adaptable frameworks. Jurisdictional Complexities: Distinguishing between different types of digital assets (e.g., securities, commodities, currencies) and determining which regulatory body has oversight remains a complex issue. Global Coordination: The borderless nature of crypto necessitates international cooperation to prevent regulatory arbitrage and ensure consistent standards worldwide. However, these challenges also present significant opportunities. A clear and comprehensive regulatory framework in the U.S. could: Position the U.S. as a Leader: Attract innovation, talent, and capital, cementing its role as a global financial hub for digital assets. Boost Investor Confidence: Provide the certainty and protection needed for broader institutional and retail participation. Spur Economic Growth: Foster new businesses, job creation, and investment in the burgeoning digital economy. Actionable Insights for Investors and Innovators For those navigating the evolving digital asset landscape, this meeting offers several key takeaways: Stay Informed: Regulatory developments will significantly impact market dynamics. Following official announcements from the SEC and major exchanges like NYSE is crucial. Understand the Nuances: Differentiate between various types of digital assets and their respective regulatory treatments. Not all cryptocurrencies are created equal in the eyes of the law. Prioritize Compliance: For innovators and businesses, building solutions with regulatory compliance in mind from the outset will be key to long-term success. Look for Institutional Adoption: The increasing engagement of traditional financial powerhouses like NYSE signals a maturing market, potentially leading to more stable and liquid trading environments. Conclusion: A New Dawn for Digital Asset Regulation? The meeting between the U.S. SEC Crypto Task Force and the New York Stock Exchange is more than just a procedural discussion; it’s a powerful indicator of the growing mainstream acceptance and integration of digital assets into the global financial system. By addressing critical issues like Tokenized Equity trading, consistent standards for Spot Crypto ETPs , and fostering a level playing field, these influential bodies are laying the groundwork for a more robust, secure, and accessible digital asset market. While challenges remain, this collaborative effort marks a significant step towards bringing much-needed clarity and structure to the exciting world of cryptocurrencies, promising a brighter, more regulated future for all market participants. To learn more about the latest crypto regulatory frameworks trends, explore our article on key developments shaping digital assets institutional adoption. This post SEC Crypto Rules: Unlocking Future Digital Asset Markets with NYSE first appeared on BitcoinWorld and is written by Editorial Team
A 2014 email exchange has resurfaced online, confirming a fact long known by early blockchain enthusiasts but often overlooked in broader public discourse: Ripple predates Bitcoin. Brought back into the spotlight by X user SMQKE, this email thread features notable contributors discussing the origins and purpose of Ripple, offering rare clarity about one of the oldest digital payment systems in the crypto space. Ripple’s Early Origins: 2004 and Ryan Fugger’s Vision The email confirms that the earliest version of Ripple was conceived in 2004 by Canadian developer Ryan Fugger. As stated in the thread by Bailey Reutzel, “The first iteration of Ripple was conceived by Ryan Fugger in 2004.” Fugger initially envisioned RipplePay as a decentralized system for individuals to issue and exchange credit based on trust, well before the emergence of blockchain as a concept. This early version of Ripple was not designed as a cryptocurrency, but rather as a peer-to-peer financial system focused on community-based value exchange. It wasn’t until years later, with the rise of Bitcoin, that Ripple shifted focus toward building blockchain-native infrastructure. 2014 E-mails confirm: “Ripple is older than Bitcoin.” pic.twitter.com/9c8cOF4065 — SMQKE (@SMQKEDQG) June 24, 2025 Ripple vs. Bitcoin: Setting the Timeline Straight The email strongly counters the notion that Ripple was designed solely to profit from Bitcoin’s success. Jeffrey Cliff, responding to an earlier message, asserted: “Ripple predates Bitcoin, and the hype that followed.” This refutes the notion that Ripple was created in response to Bitcoin. Bitcoin’s whitepaper, authored by Satoshi Nakamoto, was published in late 2008, with the genesis block mined in January 2009. In contrast, Ripple’s development had already begun five years earlier under Fugger’s guidance. This timeline confirms Ripple’s independent conceptual genesis, making it one of the oldest projects in the digital currency space. Chris Larsen and the Transformation of Ripple The emails also delve into how Ripple evolved from Fugger’s initial concept into its current state. As Bailey Reutzel explains, Chris Larsen, described as a “serial financial services disruptor”, saw potential in the Ripple idea and sought to develop it further. Under his leadership, Ripple was reshaped to appeal to the financial mainstream, particularly as interest in Bitcoin grew. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Reutzel notes that Larsen likely positioned Ripple as a cryptocurrency not because of its core design, but as a means to attract attention during the early crypto boom. She writes: “Larsen pushed this as a cryptocurrency to catch attention, because the platform itself is not really about cryptocurrency at all.” XRP vs. Ripple: Understanding the Distinction Another important clarification comes from a participant named Evan, who emphasizes the need to differentiate between Ripple and XRP. He writes, “The distinction between Ripple the network and Ripple the currency is often quite confusing, so I think it’s most helpful to call the network Ripple and the currency just XRP .” This separation remains relevant today, particularly in regulatory discussions and in understanding the XRP Ledger’s open-source nature. This email exchange offers rare historical insight into Ripple’s legacy. It confirms that Ripple is not a Bitcoin derivative, but an independent financial innovation that predates the world’s first cryptocurrency by several years. As crypto continues to evolve, understanding the foundational histories of these platforms is more important than ever, especially when clarity is often lost in hype and misinformation. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post This 2014 Email Confirms Ripple Is Older Than Bitcoin appeared first on Times Tabloid .
On June 25, credible sources revealed that leading U.S. financial institutions, including Nasdaq and the New York Stock Exchange (NYSE), are actively engaging with the U.S. Securities and Exchange Commission
Institutional accumulation of Bitcoin ( BTC ) continues at full throttle. On June 25, blockchain data flagged by Arkham Intelligence revealed that BlackRock and Fidelity collectively acquired more than $521 million worth of BTC in a single day. According to the transfer logs, BlackRock’s IBIT ETF address received 4,130 BTC, valued at approximately $436.3 million at the time of transfer, with the purchase coming from Coinbase Prime’s institutional custody, signaling a high-confidence allocation into BlackRock’s spot Bitcoin ETF structure. BlackRock is buying Bitcoin Fidelity is buying Bitcoin Grayscale is buying Bitcoin What do you think happens next? pic.twitter.com/D8Q2p5YIkG — Arkham (@arkham) June 24, 2025 Fidelity wasn’t far behind, snapping up 805 BTC worth $85.2 million, with two separate transfers of 74.5 BTC and 394.27 BTC routed to its FBTC ETF address. Both were executed within hours of each other, pointing to methodical layering of exposure. Institutions load up on Bitcoin Also active was Grayscale, which added 55.1 BTC ($5.8 million) to its GBTC trust, despite its gradual outflow trend over recent months. While smaller in scale, it still adds to the week’s net-positive ETF activity. Bitwise and ARK Invest also recorded sizable movements, with Bitwise shuffling 141.4 BTC between its own addresses and ARK moving nearly 40 BTC internally, routine ETF wallet rebalancing but notable in context. The renewed inflows from top-tier asset managers are especially telling given Bitcoin’s consolidation above $105,000, and increasing expectations around ETF-driven Q3 demand. While retail sentiment has cooled somewhat, institutional positioning suggests that the larger players are preparing for a potential leg higher. The post BlackRock and Fidelity just scooped up over half a billion dollars in Bitcoin appeared first on Finbold .
NYSE submitted a proposal for a Bitcoin and Ethereum ETF linked to Trump Media. The ETF is designed to mirror Bitcoin and Ethereum prices, enhancing investment choices. Continue Reading: Trump Challenges Crypto Boundaries with NYSE Rule Change Proposal The post Trump Challenges Crypto Boundaries with NYSE Rule Change Proposal appeared first on COINTURK NEWS .
COINOTAG News reports that digital asset brokerage K33 highlights a significant correlation between Bitcoin ETF inflows and price returns, contrasting with the relatively neutral market impact of corporate Bitcoin treasury
SharpLink Gaming (Nasdaq: SBET), the largest publicly traded holder of ethereum, has announced an increase in its total holdings to 188,478 ETH, acquiring an additional 12,207 ether for approximately $30.67 million at an average price of $2,513 per coin between June 16 and June 20, 2025. During the same period, the company raised about $27.7
BitcoinWorld South Korean Stablecoin: Banks Pioneer Revolutionary Digital Won Initiative Get ready for a significant shift in the world of digital finance! A groundbreaking development is unfolding in Asia, specifically concerning the emergence of a South Korean stablecoin . This isn’t just another crypto project; it’s a monumental step being spearheaded by some of the nation’s most influential financial institutions. If you’ve been following the global race for digital currency dominance, this news from South Korea is a powerful signal of the future of money. Let’s dive into how this ambitious project could reshape financial transactions and propel the country into a new era of digital commerce. What Exactly is a Won-Based Stablecoin, and Why Does it Matter? At its core, a won-based stablecoin is a type of cryptocurrency designed to maintain a stable value, directly pegged to the South Korean Won (KRW). Unlike volatile cryptocurrencies such as Bitcoin or Ethereum, whose prices can fluctuate wildly, a stablecoin aims to offer the benefits of blockchain technology—like speed and transparency—without the price instability. This stability is crucial for everyday transactions, making it a viable alternative to traditional fiat currency in digital form. The significance of a bank-backed, won-based stablecoin cannot be overstated. It bridges the gap between the traditional financial system and the burgeoning world of decentralized finance. Imagine being able to send money instantly across borders with minimal fees, or make digital payments with the same confidence you have in your physical cash, all while leveraging the efficiency of blockchain. This initiative is about creating a reliable digital asset that mirrors the national currency, providing a stable foundation for a wide array of new financial services. Pioneering Bank Stablecoin Initiative: Who’s Behind It? This isn’t a fringe project; it’s a concerted effort by the pillars of South Korea’s banking sector. Eight major South Korean banks are uniting to launch this pioneering bank stablecoin joint venture. These institutions include household names like KB Kookmin, Shinhan, Woori, NongHyup, Industrial Bank of Korea (IBK), Suhyup, Citibank Korea, and Standard Chartered Bank Korea. Their collective involvement lends immense credibility and infrastructure to the project, signaling a serious commitment to digital currency innovation. The collaboration extends beyond just the banks. The project is being developed in partnership with key industry players: the Open Blockchain & Decentralized Identifier Association (OBDIA) and the Korea Financial Telecommunications & Clearings Institute (KFTC). This multi-stakeholder approach ensures that the stablecoin will be built on robust technical standards and integrated seamlessly with existing financial clearing systems. This level of institutional backing and collaboration is precisely what gives this particular stablecoin initiative a strong chance of widespread adoption and success. Unlocking the Future: South Korea’s Drive for Financial Innovation South Korea has long been a leader in technological adoption and digital transformation. The move towards a national financial innovation strategy, particularly through a won-based stablecoin, is a natural progression. The motivations behind this significant undertaking are multifaceted: Efficiency and Cost Reduction: Blockchain technology can significantly reduce the time and cost associated with traditional financial transactions, especially cross-border payments. New Digital Services: A stable, digital form of the won opens the door for innovative financial products and services, from micro-payments to programmable money for smart contracts. Global Competitiveness: As central banks worldwide explore Central Bank Digital Currencies (CBDCs) and private stablecoins gain traction, South Korea aims to maintain its competitive edge in the global digital economy. Financial Inclusion: Digital currencies can potentially lower barriers to financial services for underserved populations. Enhanced Stability: A bank-backed stablecoin offers a higher degree of trust and regulatory oversight compared to many other cryptocurrencies, potentially leading to greater financial stability. This initiative represents a proactive step by South Korea to embrace the digital future of finance, ensuring it remains at the forefront of technological advancement. Navigating the Path to a Digital Won: Two Proposed Models While the goal is clear – a stable, digital representation of the national currency – the exact mechanism for issuing this Digital Won stablecoin is still under discussion. The joint venture is currently considering two primary issuance models, each with its own implications for how the stablecoin will operate and be backed: 1. Trust-Based Model In this model, customer funds intended to back the stablecoin would be held in a separate, legally distinct trust account. When a customer wants to acquire the stablecoin, their fiat currency would be deposited into this trust, and an equivalent amount of stablecoins would then be issued. This model offers a high degree of transparency and security, as the underlying assets are clearly segregated and protected. It provides a clear audit trail and ensures that the stablecoin is always fully collateralized by real-world assets held in trust. 2. Deposit-Token Model The deposit-token model pegs the stablecoin directly to bank deposits. In this scenario, when a customer deposits money into their bank account, an equivalent amount of stablecoins (deposit tokens) could be issued directly by the bank. This model is more integrated with existing banking infrastructure and could potentially offer greater scalability and ease of use, as it leverages the established relationships between banks and their customers. It essentially tokenizes existing bank deposits, allowing them to be transacted on a blockchain network. Both models aim to ensure the stablecoin maintains its 1:1 peg with the Korean Won, but they differ in their operational structure and the legal framework required. The final choice will likely depend on regulatory clarity and the banks’ strategic preferences for integration and scalability. Potential Benefits: What Could This South Korean Stablecoin Offer? The introduction of a South Korean stablecoin by major banks promises a multitude of benefits for individuals, businesses, and the broader economy: Faster and Cheaper Transactions: Say goodbye to lengthy bank transfer times and high fees, especially for international remittances. Blockchain-based transactions are typically faster and more cost-effective. Enhanced Payment Efficiency: Businesses can benefit from instant settlements, reducing operational friction and improving cash flow management. This could be transformative for supply chain finance. New Financial Products: The stablecoin could serve as the foundation for innovative DeFi applications, lending protocols, and even tokenized real-world assets, all within a regulated framework. Increased Financial Inclusion: By potentially lowering the barriers to entry for digital payments, more people, including those unbanked or underbanked, could access modern financial services. Programmable Money: The stablecoin could enable ‘programmable money,’ allowing for automated payments based on specific conditions (e.g., smart contracts for royalties, escrow services, or automated payrolls). Cross-Border Trade Facilitation: A stable, digital won could streamline international trade, making it easier and more efficient for Korean businesses to transact globally. These benefits paint a picture of a more agile, inclusive, and efficient financial ecosystem in South Korea. Challenges and the Road Ahead for Bank Stablecoins While the prospects are exciting, the path to widespread adoption for a bank stablecoin is not without its hurdles. Several challenges need to be addressed for this initiative to reach its full potential: Regulatory Approval: This is arguably the biggest hurdle. The project’s launch is contingent on regulatory developments and obtaining the necessary approvals from financial authorities. Regulators will need to establish clear guidelines for issuance, oversight, and consumer protection. Interoperability: Ensuring the stablecoin can seamlessly interact with existing financial systems, other blockchain networks, and future CBDCs will be crucial for its utility. Public Adoption: Despite the banking backing, convincing the general public and businesses to switch from traditional payment methods to a new digital currency will require significant education and trust-building. Technological Scalability and Security: The underlying blockchain infrastructure must be robust enough to handle a high volume of transactions securely and efficiently. Cybersecurity risks will also need continuous monitoring and mitigation. Competition: The project will face competition from existing private stablecoins, other potential CBDC initiatives, and even traditional payment giants like Visa and Mastercard, which are also exploring blockchain. Monetary Policy Implications: Central banks will need to carefully consider the impact of widely adopted private stablecoins on monetary policy and financial stability. Overcoming these challenges will require a collaborative effort between the banks, regulators, and technology providers. Beyond the Horizon: The Broader Impact of a Digital Won The potential launch of a Digital Won , backed by South Korea’s leading banks, extends far beyond mere payment efficiency. It signifies a profound shift in how a major economy approaches its monetary infrastructure in the digital age. This initiative could serve as a blueprint for other nations considering similar public-private partnerships for digital currency development. For South Korea, it solidifies its position as a global leader in financial technology. It prepares the nation for a future where digital assets are integrated into everyday life, from smart city applications to advanced financial instruments. It could also influence international trade and investment flows, making the Korean Won a more accessible and efficient currency for global commerce. Ultimately, this project is not just about a new form of money; it’s about building a more resilient, efficient, and innovative financial system ready for the challenges and opportunities of the 21st century. The world will be watching closely as South Korea takes this bold leap into the future of finance. To learn more about the latest crypto market trends, explore our article on key developments shaping financial innovation and institutional adoption. This post South Korean Stablecoin: Banks Pioneer Revolutionary Digital Won Initiative first appeared on BitcoinWorld and is written by Editorial Team
USDT stablecoin issuer Tether is the second-largest shareholder in Juventus Football Club, trailing only Exor NV, the investment vehicle of Italy’s Agnelli family. This is the first time a major European football club has counted a crypto company among its top investors. Tether, which formally revealed its stake in February, has accumulated a 10.7% ownership in the Turin-based club, a holding now valued at around €128 million ($149 million), per Bloomberg data . Juventus is arguably Italy’s most decorated football club and is now part of the 2025 Club World Cup tournament. It has been under the management of the Agnelli family, who have held a controlling interest since 1923. Exor, which owns roughly two-thirds of Juventus, also has stakes in companies such as Stellantis, Ferrari, and luxury brand Christian Louboutin. Tether CEO: Discussions with Exor are limited In an earlier interview, Tether CEO Paolo Ardoino told Bloomberg that his communication with Juventus and its majority owner, Exor, was “very, very limited.” Per Ardoino, Tether has sent multiple letters attempting to arrange a formal meeting, but no date has been set. Juventus has reportedly proposed deferring meetings until after the season concludes in early July. Exor, for its part, has not commented on Tether but is expected to discuss the club’s business structure once a meeting occurs, according to a source familiar with the matter. “Our interest is in ensuring the long-term success of the club,” a Tether spokesperson said. “We believe having a voice in decisions is part of fulfilling that responsibility.” The lack of engagement from Juventus appears to have frustrated the crypto executive. Ardoino said that at one point, he had to buy his own match ticket to attend a game this season. The club, which floated 35% of its shares to the public in 2001, said in March that it is looking to raise capital of up to €100 million to fund summer player acquisitions. Exor has already agreed to provide €15 million upfront and pledged to maintain its 65.4% stake. Questions over USDT’s illegal usage In the eyes of Juventus board members, Tether is a crypto-native firm with an “opaque corporate structure,” much similar to Juventus’ century-old governance model. A 2023 United Nations report listed Tether’s stablecoin USDT as a currency for illicit finance, estimating $19.3 billion in criminal transactions involving the token last year. American officials argue that it is also used in sanctions evasion and conflict financing. Tether , for its part, insists it works closely with law enforcement agencies to counter misuse and claims to have helped freeze assets worth millions of dollars, which are suspected to originate from illegal operations. According to company records, the firm made a profit of $13 billion in 2024, with $115 billion in US Treasury holdings supporting its $150 billion portfolio. The liquidity was supposedly used to purchase a 30% stake in Italian media company Be Water and projects in social media, agricultural infrastructure, and brain technology. Like many popular football clubs, Juventus has been operating at a financial loss and needs fresh capital. According to Bloomberg consensus estimates, it is projected to post an €18 million deficit in its upcoming annual report. Juventus has not won Italy’s Serie A title in five years. Ardoino believes Tether’s technological resources could help solve Juventus’ problems. “ The Italian football ecosystem is still very rooted in tradition ,” Ardoino said. “ But it’s kind of unfortunate because the rest of the world can see Manchester United, Chelsea and PSG. They are more open to a new way to look at sports like a brand .” Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More
SYRUP's rally could lose its bullish momentum.