US President Trump’s Family in Talks to Buy Stake in Binance US

In what is surely a astonishing development, the household of US President Donald Trump is reportedly successful talks to acquisition a involvement successful Binance US. Indeed, representatives from the household person engaged successful discussions to acquisition the United States-based limb of the cryptocurrency exchange, according to a Wall Street Journal report.

The determination would align with the family’s involvement regarding the increasing cryptocurrency market. Late past year, Trump’s empire launched a DeFi task called World Liberty Financial (WLFI). Now, it whitethorn beryllium looking to instrumentality power of 1 of the astir salient crypto exchanges successful the world.

JUST IN: President Trump's household is successful talks to get involvement successful Binance US, WSJ reports.

Also Read: Trump’s U.S. Crypto Reserve: Top Coins That Made (and Missed) the Cut

Trump Family is Reportedly Eyeing a Stake successful Binance US

Since his reelection successful precocious 2024, Donald Trump has go the archetypal existent pro-crypto president successful history. Indeed, helium has wholly overhauled the country’s argumentation regarding the plus class, starring galore to judge a caller time for the manufacture is approaching.

That content successful the aboriginal of cryptocurrency is not lone contiguous successful his medication but extends to his concern interests. That is wherefore it makes cleanable consciousness for US President Trump’s household to beryllium reportedly seeking to acquisition a involvement in Binance US. Indeed, the Wall Street Journal confirmed the involvement and noted that talks person commenced.

Source: NY Times

Also Read: Abu Dhabi’s MGX Acquires $2B Stake successful Binance

According to the report, the talks archetypal started past year. Specifically, Binance had reached retired to the Trump team, discussing a imaginable “business woody with the household arsenic portion of a program to instrumentality the exiled institution to the US.”

Details are sparse, with preliminary talks apt having taken place. Moreover, determination is simply a deficiency of clarity regarding the circumstantial involvement that the Trump household would instrumentality successful the exchange. Trump’s household could instrumentality a involvement successful the platform, oregon it could spell done the aforementioned World Liberty Financial (WLFI)