Donald Trump’s media company, Trump Media and Technology Group, is in advanced talks to acquire the crypto trading operations of Bakkt. The deal would involve an all-stock transaction, with Trump Media taking over Bakkt’s business. Howev
er, Bakkt’s custody unit is not part of the discussions. This acquisition, if successful, would significantly expand Trump’s crypto footprint, as his recent launch of World Liberty Financial adds to his involvement in the crypto market.