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Donald Trump’s Media Group Eyes Bakkt Acquisition to Boost Crypto Ventures

DATE POSTED:November 18, 2024
Bakkt Expresses Confidence to Continue Business Despite Financial Uncertainty In Previous SEC Filing

The post Donald Trump’s Media Group Eyes Bakkt Acquisition to Boost Crypto Ventures appeared first on Coinpedia Fintech News

Donald Trump’s social media group in talks to buy crypto trading venue Bakkt. We will be following this closely over the next few months. If true Bakkt could play a big role in the integration of crypto payments into social platforms like X and Truth Social.

As per the Financial Times, Donald Trump’s social media company, Trump Media and Technology Group (TMTG), is reportedly in advanced discussions to acquire crypto trading platform Bakkt in an all-stock deal. This potential acquisition marks a significant step in Trump’s growing involvement in the cryptocurrency sector.

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