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How will Trump Media's acquisition affect Bakkt's crypto offerings by end of 2025?
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Story
Trump Media & Technology Group to Acquire ICE-Owned Crypto Platform Bakkt for Over $100 Million
Nov 18, 2024, 08:23 PM
Trump Media & Technology Group, the parent company of Donald Trump's social media platform Truth Social, is reportedly in advanced talks to acquire Bakkt, a cryptocurrency trading platform headquartered in Georgia and owned by Intercontinental Exchange (ICE). The potential acquisition, valued at over $100 million, would mark a significant expansion into the crypto industry for Trump's media group.
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