Trump Memecoin Issuer Eyes Republic Acquisition in US
Background on Trump Memecoin and Republic Deal
Fight Fight Fight, the company behind the President Donald Trump-linked memecoin, is reportedly in discussions to acquire the US operations of investment platform Republic.com. If completed, this acquisition could allow Republic users to transact using the Official Trump (TRUMP) memecoin, and open new capital-raising pathways for crypto startups, according to Cointelegraph, citing Bloomberg sources.
The discussions, which reportedly involve multiple partners, remain private. Fight Fight Fight and CIC Digital, an affiliate of The Trump Organization, together own 80% of the Trump memecoin. Republic has supported more than 3,000 fundraising campaigns for both retail and accredited investors, with backers including Galaxy Digital and Binance’s venture arm.
Market Reaction and Crypto Expansion
The Trump memecoin, launched in January ahead of former President Trump’s second inauguration, saw its market capitalization reach nearly $9 billion at peak. However, the token’s value has since dropped to about $1.64 billion, representing a decline of almost 90% from its all-time high, per CoinMarketCap.
Fight Fight Fight is also reportedly seeking to raise $200 million for a digital asset treasury to accumulate more of the memecoin. The potential acquisition of Republic could provide crypto startups with a new venue to connect with investors, aligning with Republic’s existing embrace of blockchain-based tokenization of real-world assets.
Meanwhile, World Liberty Financial (WLFI), another crypto initiative linked to Trump, recently announced plans to distribute 8.4 million WLFI tokens, valued at $1.2 million, to early adopters of its USD1 stablecoin loyalty program.
Industry Context and What’s Next
The Trump memecoin issuer’s strategic move comes amid broader industry consolidation. This week, Coinbase revealed its $375 million acquisition of Echo, an onchain fundraising platform founded by influencer Cobie in April 2024. Since its beta launch, Echo has closed over 130 deals and facilitated at least $51 million in funding, including for projects like USDe—a rapidly expanding yield-bearing stablecoin.
No official comment was received from Fight Fight Fight or Republic by the time of publication, according to Cointelegraph. The potential acquisition, if finalized, could further blur the lines between political branding and digital asset innovation for US investors and crypto startups.
For more updates on cryptocurrency industry trends, see our cryptocurrency news section.
