Trump’s social media company is in advanced talks to acquire Bakkt, the cryptocurrency trading platform owned by Intercontinental Exchange

BlockBeats news, on November 19, according to the Financial Times, Trump’s social media company is in in-depth negotiations to acquire Bakkt, a cryptocurrency trading platform owned by Intercontinental Exchange. The company is working hard to expand beyond online conversations. business. Trump Media and Technology Group is close to acquiring Bakkt for all shares, two people familiar with the negotiations said. It’s unclear what valuation is being discussed, but Bakkt’s market capitalization on Monday was just over $150 million.

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