Trump Memecoin Firm Eyes Republic.com US Acquisition
Fight Fight Fight, the issuer of the Trump memecoin, is in private talks to acquire the US unit of investment platform Republic.com. The deal would let retail and accredited users trade the Trump memecoin and open new crypto fundraising channels. Republic.com has hosted over 3,000 campaigns and is backed by Galaxy Digital and Binance’s venture arm. It has also embraced blockchain-based asset tokenization. Fight Fight Fight and CIC Digital own 80% of the Trump memecoin, which launched in January, surged to a $9 billion market cap, and then plunged nearly 90% to $1.64 billion. The issuer plans a $200 million digital asset treasury to buy back and accumulate the token. If completed, the acquisition could boost liquidity for the Trump memecoin and broaden its use in retail investing.
Bullish
The planned acquisition of Republic.com’s US unit and the launch of a $200 million digital asset treasury to buy back TRUMP tokens are likely to boost liquidity and demand. In the short term, listing on Republic.com can drive higher trading volumes for the Trump memecoin. Over the long term, broader retail access and a structured buyback fund could stabilize prices and support growth, making the outlook for TRUMP token prices favorable.