President Trump’s Media Company Reportedly Targets Bold All-Share Takeover of Crypto Exchange

November 19, 2024

President Trump’s Trump Media and Technology Group (TMTG) is reportedly in advanced talks to acquire Bakkt, a cryptocurrency trading venue owned by Intercontinental Exchange (ICE), in a potential all-share takeover, according to a report by the FT. With TMTG’s equity valuation at approximately $ 6 billion, the company is leveraging its market position to expand beyond […]
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