Trump's social media company is in advanced talks to acquire Bakkt
2024-11-18 20:35:52
Trump's social media company is in advanced talks to buy Bakkt, the cryptocurrency trading platform owned by Intercontinental Exchange, as it tries to expand beyond online conversations, according to the Financial Times. Trump Media and Technology Group is close to buying Bakkt for an all-share stake, according to two people briefed on the talks. The valuation under discussion is unclear, but on Monday Bakkt was valued at just over $150 million.
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