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Trump Memecoin Backers Weigh Republic’s US Buyout amid $200M Fundraising

Trump Memecoin Backers Weigh Republic’s US Buyout amid 0M Fundraising


Combat Combat Combat, the corporate managing the Trump-linked
memecoin, is reportedly in talks to purchase the US operations of funding
platform Republic.com.

In line with Bloomberg, the discussions are ongoing and
contain a number of potential companions. If accomplished, the deal may enable Republic
customers to commerce utilizing the Official Trump memecoin and supply crypto startups
with new fundraising choices.

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belongings meet tradfi in London on the fmls25

The talks come as Combat Combat Combat was additionally reported to be
elevating $200 million for a digital asset treasury aimed toward buying extra of
the memecoin.

Galaxy, Binance Again Republic Platform

Sources acquainted with the talks stated the negotiations are
non-public. Combat Combat Combat and CIC Digital, a agency related to The Trump
Group, collectively maintain about 80 % of the Trump memecoin provide.

Republic has supported greater than 3,000 fundraising campaigns
and caters to each retail and accredited buyers. Its buyers embody
Galaxy Digital and Binance’s enterprise arm. The platform has additionally explored
blockchain expertise for tokenizing real-world belongings.

Trump-Linked Crypto Initiatives Face Volatility

The Trump memecoin, launched in January earlier than Trump’s
second inauguration, reached a market capitalization near $9 billion earlier than
falling sharply to about $1.64 billion, in response to CoinMarketCap. The token
has dropped practically 90 % from its peak.

Individually, World Liberty Monetary, one other crypto mission
linked to Trump, introduced it might distribute 8.4 million WLFI tokens price
roughly $1.2 million to early members in its USD1 stablecoin loyalty
program.

This text was written by Tareq Sikder at www.financemagnates.com.



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