Published

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

  • Donald Trump’s social media company is in advanced negotiations to acquire the cryptocurrency trading platform Bakkt, as reported by the Financial Times.
  • The announcement caused significant stock market movement, with Bakkt's shares soaring more than 162% amid trading halts due to volatility.
  • Bakkt’s market capitalization was reported to be just over $150 million as of Monday.
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