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President-elect Donald Trump’s media group, Trump Media and Technology Group (TMTG), is in advanced talks to acquire Bakkt, a crypto trading platform owned by Intercontinental Exchange (ICE). The deal would involve an all-share purchase, aiming to diversify TMTG’s operations and enter the growing crypto market. Bakkt has struggled financially, but its institutional focus and ties to ICE could offer strategic value to TMTG.
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