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Trump's social media group in talks to buy Bakkt, FT reports

  • Donald Trump’s social media company, Trump Media, is reportedly in advanced negotiations to acquire Bakkt, the cryptocurrency trading platform, according to the Financial Times.
  • The news caused shares of both Trump Media and Bakkt to soar, with Bakkt's shares rising over 162%.
  • Trading in Bakkt was temporarily halted due to the unprecedented surge in its shares.
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