Truth Social’s parent company Trump Media and Technology Group (TMTG) is reportedly looking to acquire crypto exchange Bakkt. The two companies are in advanced talks pertaining to the acquisition, according to a recent Financial Times report. The potential deal is all-stock and would see TMTG acquire Bakkt and absorb its $150 million market cap. This is just the latest crypto move by the United States president-elect.
Comment on Trump’s media group looks to buy Bakkt crypto exchange
Radek Zielinski, ReadWriteWeb
Tue, 11/19/2024 - 10:25am
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