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.