Trump-owned Social Media Company is in Advanced Talks to Acquire Bakkt, the Cryptocurrency Exchange Platform owned by Intercontinental Exchange

BlockBeats News, November 19th, According to the Financial Times, it was reported that a social media company owned by Trump is in advanced talks to acquire Bakkt, the cryptocurrency exchange platform owned by Intercontinental Exchange, as the company seeks to expand beyond online discussions. Two people familiar with the negotiations said that the Trump Media and Technology Group is close to a full stock acquisition of Bakkt. The valuation of the discussion is currently unclear, but as of Monday, Bakkt's market value was slightly above $150 million.