TRUMP memecoin issuer in talks to acquire investment platform Republic’s US operations
After a steep 90% plunge from its peak, the Trump memecoin issuer is seeking a revival with the Republic.com acquisition and a $200 million fund to buy back the token.
Fight Fight Fight, the company behind the President Donald Trump-linked memecoin, is reportedly in discussions to acquire the US operations of investment platform Republic.com.
If finalized, the deal could open the door for Republic users to transact using the Official Trump (TRUMP) memecoin, while giving crypto startups a new avenue to raise capital, Bloomberg reported on Wednesday, citing people familiar with the matter.
One source told the outlet that the discussions remain private but involve multiple potential partners. Fight Fight Fight and CIC Digital, an affiliate of The Trump Organization, collectively own 80% of the Trump memecoin.
