TRUMP Issuer Plans to Establish Digital Asset Treasury Company

BlockBeats News, October 8th, according to Bloomberg citing people familiar with the matter, a startup company that launched its Meme coin TRUMP a few days before Donald Trump's second presidential inauguration is reportedly planning to raise at least $200 million to establish a digital asset treasury company to acquire the underperforming token.

These individuals indicated that Fight Fight Fight LLC, operated by a long-time friend and promoter of Trump, Bill Zanker, is leading this fundraising effort. As the fundraising has not been made public yet, these sources requested anonymity. They stated that the fundraising target could go as high as $1 billion. However, the deal is still in progress.