Trump Media Group in Talks to Acquire Crypto Platform Bakkt

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2024-11-21 03:05:37 -

#Trump Media Group in Talks to Acquire Crypto Platform Bakkt.
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Trump Media Group in Talks to Acquire Crypto Platform Bakkt

According to sources familiar with the negotiations, TMTG is nearing a finalized agreement with Bakkt, which is owned by Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange. While the exact valuation of the deal is unclear, Bakkt’s market capitalization was approximately $150 million as of Monday. If successful, this acquisition would...

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