Trump Media, the company whose largest shareholder is President-elect Donald Trump, is in “advanced talks” to buy a crypto trading platform, CNBC reports.
Financial Times: “A successful deal would deepen Trump’s move into the cryptocurrency market after he began promoting a new crypto venture set up by longtime business partners, World Liberty Financial, from which he stands to earn significant fees.
Crypto markets have also soared following his election victory, with bitcoin up more than 30 per cent on speculation that his administration would enact favourable legislation for the industry.”