Trump Family Explores Acquisition of Stake in Binance’s U.S. Arm

A representative of the Trump family held discussions to acquire a stake in Binance's U.S. arm, as reported by the Wall Street Journal.

• The stake may be acquired through the Trump-backed crypto project World Liberty Financial.
• Steve Witkoff, a friend of the U.S. president, participated in the negotiations.
• Talks began last year after Binance approached Trump's allies to discuss a potential deal.

Binance U.S. did not respond to requests for comment at the time of publication.