​Bakkt Soars 90% On Report Trump’s Socal Media Company Will Buy The Crypto Trading Venue – Tyler Durden

Bakkt Soars 90% On Report Trump’s Socal Media Company Will Buy The Crypto Trading Venue Donald Trump’s social media company, DJT, soared 8%, amid reports that it was in advanced talks to buy Bakkt, a cryptocurrency trading venue owned by Intercontinental Exchange, as it pushes to expand beyond online conversation. The US president-elect’s Trump Media and Technology Group, in which he has pledged to retain his 53% stake, is closing in on an all-share purchase of Bakkt, the FT reported citing two people with knowledge. The valuation under discussion was not immediately clear but Bakkt’s market capitalization stood at just…  — Continue at ZeroHedge News : Read More