TRUMP memecoin issuer in talks to acquire investment platform Republic’s US operations

123 Fight Fight Fight, the company behind the Donald Trump-linked TRUMP memecoin, is reportedly in discussions to acquire the US operations of investment platform Republic.com. If the deal closes, it could allow Republic users to transact with the memecoin and offer crypto startups a new capital-raising avenue. The TRUMP memecoin experienced a massive surge to nearly $9 billion in market capitalization before dropping by about 90% to $1.64 billion. Furthermore, Fight Fight Fight is reportedly seeking to raise $200 million for a digital asset treasury to buy back the token. Republic, which serves both retail and accredited investors and has backed over 3,000 fundraising campaigns, has backers including Galaxy Digital and Binance's venture arm.

(Source：Cointelegraph)