Trump Media & Know-how Group in talks to purchase Bakkt: FT By Investing.com
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Investing.com –Donald Trump’s social media firm, Trump Media & Know-how Group is superior discussions to purchase digital asset market Bakkt in an all-stock deal, the Monetary Occasions reported on Monday, citing individuals conversant in the matter.
Trump’s Reality Social platform-parent Trump Media & Know-how Group , which as been in search of to diversify its choices past social media, lately launched crypto enterprise, World Liberty Monetary.
President-elect Trump has beforehand positioned himself as pro-cryptocurrency on the marketing campaign trial, promising to make America the “world capital for crypto and .”
Bakkt surged 162% on Monday, whereas Trump Media & Know-how Group Corp (NASDAQ:) was closed up over 16%