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Cryptorank

Trump Token Issuer Seeks $200M to Build Digital Asset Treasury


by Wayne Jones
for CryptoPotato
Trump Token Issuer Seeks $200M to Build Digital Asset Treasury

Fight Fight Fight LLC, the company that made the Official Trump (TRUMP) meme coin, is trying to raise at least $200 million to set up a Digital Asset Treasury (DAT) that will buy the token.

Bloomberg reported on October 8 that this move is a direct intervention to stabilize the asset that is closely linked to the U.S. President. While the outcome of the fundraising is not yet certain, the ambitions are substantial, with a target range extending to $1 billion.

Read the article at CryptoPotato

Read More

$600 Million Worth Of XRP Tokens Are On The Move, Where Are They Headed?

$600 Million Worth Of XRP Tokens Are On The Move, Where Are They Headed?

The XRP community’s attention has been drawn to a $600 million transfer, which has sp...
Commodity wrap: gold, silver continue rally on anxieties on US economy; oil rises

Commodity wrap: gold, silver continue rally on anxieties on US economy; oil rises

Prices of major commodities rose on Wednesday with gold breezing past the $4,000-per-...

Trump Token Issuer Seeks $200M to Build Digital Asset Treasury


by Wayne Jones
for CryptoPotato
Trump Token Issuer Seeks $200M to Build Digital Asset Treasury

Fight Fight Fight LLC, the company that made the Official Trump (TRUMP) meme coin, is trying to raise at least $200 million to set up a Digital Asset Treasury (DAT) that will buy the token.

Bloomberg reported on October 8 that this move is a direct intervention to stabilize the asset that is closely linked to the U.S. President. While the outcome of the fundraising is not yet certain, the ambitions are substantial, with a target range extending to $1 billion.

Read the article at CryptoPotato

Read More

$600 Million Worth Of XRP Tokens Are On The Move, Where Are They Headed?

$600 Million Worth Of XRP Tokens Are On The Move, Where Are They Headed?

The XRP community’s attention has been drawn to a $600 million transfer, which has sp...
Commodity wrap: gold, silver continue rally on anxieties on US economy; oil rises

Commodity wrap: gold, silver continue rally on anxieties on US economy; oil rises

Prices of major commodities rose on Wednesday with gold breezing past the $4,000-per-...