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Italy's Juventus shares rise after crypto firm Tether buys stake

MILAN (Reuters) -Shares in Italy's top-flight soccer club Juventus rallied on Friday, after cryptocurrency firm Tether said it had become a minority shareholder, without disclosing the size of its stake. Turin-based Juventus is controlled by Italy's Agnelli family through their investment company Exor, which holds a 64% stake in Italy's most successful club. The holding did not sell any shares to Tether, a spokesperson said.

China’s Gaorong Ventures Invests $30 Million in Crypto Unicorn

(Bloomberg) -- Gaorong Ventures has invested $30 million in the operator of Hong Kong’s biggest licensed crypto exchange, a rare example of a Chinese venture powerhouse dabbling into the $3 trillion digital asset arena.Most Read from BloombergProgressive Portland Plots a ComebackWhy American Mobility Ground to a HaltSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MaySaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterCutting Arena Subsidies Can Help Cover Tax Cuts, Think T