The Wall Street Journal reported in a statement that US President Donald Trump's family was talking about buying a hold on the Kripto giant platform, Binance.
However, representatives from his family have been involved in the discussion to buy the US -based crypto currency exchange branch.
The move is in line with Trump's family interest in the crypto currency market.
By the end of last year, the Trump Empire launched a Defi Project called World Liberty Financial (WLFI) which is likely to control one of the largest cryptocurrencies in the world.
Since his re-election at the end of 2024, Donald Trump has been the first Pres-Kripto President in history. He has also fully revamped the country's policy of digital assets and sparked confidence that the new era for the crypto industry was approaching.
The belief in the future of the crypto currency is not only in its administration but extends to its business interests. The potential convinced US President Trump's family reportedly wanted to buy a hold in the US Binance.
The Wall Street Journal confirmed his interest and stated that the discussion had begun.
According to the report, negotiations first began last year. Specifically, Binance has contacted the Trump team to discuss the potential of business affairs with his family as part of the plan.
The details of the negotiations are still limited, but preliminary discussions are believed to have taken place.
Moreover, it is still unclear the specific form of interest that the Trump family will take in the exchange. They may be directly involved in the platform or through the previously mentioned World Liberty Financial (WLFI).
