President Trump's media company, TMTG, is reportedly in advanced talks for an all-share takeover of crypto exchange Bakkt, owned by ICE. The potential acquisition could expand TMTG's market reach, valued at $6 billion.
Trump's Media Group, which runs Truth Social, plans to acquire Bakkt, a crypto exchange, in an all-stock deal.
Donald Trump’s media company, Trump Media and Technology Group, is in advanced talks to acquire Bakkt, a cryptocurrency platform. This potential all-stock deal aligns with TMTG's expansion plans from its Truth Social platform. Bakkt's shares surged nearly 66% on the acquisition news.
Donald Trump’s social media company, TMTG, is reportedly in advanced discussions to acquire the cryptocurrency trading platform Bakkt, owned by Intercontinental Exchange.
NYSE Arca will expand ETF trading to 22 hours, benefiting Bitcoin ETFs. Intercontinental Exchange announced the extension to enhance trading opportunities.
NYSE Arca will extend trading hours to 22, favoring Bitcoin ETFs. This move aligns with demands for longer stock trading periods.
The Intercontinental Exchange, parent of the NYSE, has been fined by the SEC for not reporting a cyberattack promptly. The penalty extends to several ICE subsidiaries.
