Trump Family Reportedly Explores Stake in Binance.US Amid Crypto Industry Shakeup

Discussions include potential financial ties through Trump-backed World Liberty Financial as Binance seeks to rebuild its U.S. presence.

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.