Overview

• The Trump family has reportedly held talks to acquire a financial stake in Binance.US, according to sources cited by the Wall Street Journal.
• The discussions may involve routing the stake through World Liberty Financial, a Trump-backed crypto venture that directs profits to Trump-related entities.
• Binance approached Trump allies in 2024 as part of efforts to reestablish its presence in the U.S. following legal and regulatory challenges.
• Binance founder Changpeng Zhao, who pleaded guilty to anti-money laundering violations in 2023, is reportedly seeking a presidential pardon.
• The news has boosted Binance's BNB token, which rose 4-5% after reports of the potential deal surfaced.