- Trending
- Comments
- Latest
Fight Fight Fight LLC, the Trump token issuer, is reportedly in discussions to acquire the U.S. operations of crowdfunding platform Republic, a move that could bridge political digital assets with on-chain capital markets.
According to an Oct. 30 Bloomberg report citing sources familiar with the matter, the Trump token issuer is exploring how the deal could enable investors to use the TRUMP token for payments and startup investments via Republic’s infrastructure.
The potential acquisition would mark a strategic step in merging the political and financial appeal of memecoins with regulated fundraising platforms.
Republic, which has facilitated more than 3,000 crowdfunding campaigns since launch, offers investment access to both accredited and retail investors. Its model includes tokenized equity and real-world assets which is a framework that could integrate smoothly with the TRUMP token’s ecosystem.
If finalized, the acquisition would allow the Trump token issuer to promote both investment and payments using its native token while leveraging Republic’s infrastructure for tokenized capital raising. This could pave the way for startups to raise funds directly in the TRUMP token, expanding the coin’s utility beyond speculative trading.
Republic’s investors include Galaxy Digital and YZi Labs, the venture division of Binance, whose co-founder Changpeng Zhao was recently pardoned by President Donald Trump. However, one source close to the negotiations said Republic is also in talks with other potential buyers, and discussions with the Trump token issuer remain preliminary.
The development follows Coinbase’s $375 million acquisition of Echo, an on-chain fundraising platform, signaling a resurgence of U.S.-based crypto crowdfunding under what analysts describe as a more industry-friendly Trump administration.
For reference, the report on the talks suggests that both parties see potential for aligning blockchain-powered financing with new regulatory momentum.
The Trump token issuer first launched the TRUMP token in January 2025, just before Trump’s second inauguration. The token quickly gained attention across both political and financial circles, drawing praise from supporters and criticism from skeptics over transparency concerns.
The Trump token issuer and CIC Digital LLC, a Trump Organization affiliate, jointly control about 80% of the token’s supply. While this level of concentration raised questions about market fairness, it also underscored the asset’s alignment with Trump’s political brand.
In May 2025, Fight Fight Fight hosted a private dinner for token holders, attended by the president himself as an event analysts saw as a bid to restore investor confidence amid a broader memecoin downturn. Despite the volatility, the Trump token issuer continues to expand its reach, with several online platforms now accepting the TRUMP token for payments and merchandise.
Through the potential Republic acquisition, the Trump token issuer could integrate its token into investment rounds, platform fees, or grants effectively turning political enthusiasm into a funding tool for blockchain startups.
As part of its broader ambitions, the Trump token issuer is also raising $200 million to establish a digital asset treasury designed to accumulate and stabilize the token’s supply. The fund would serve as a liquidity reserve, supporting both trading stability and new use cases within what insiders are calling the “Trump-era crypto economy.”
Analysts believe this initiative reflects a longer-term vision to move beyond the memecoin label and into institutional crypto markets. If successful, the Trump token issuer could transform the TRUMP token into a recognized instrument for political and financial engagement.
“If the Republic deal closes, it would mark the first time a politically branded token gains real-world investment utility,” Sheila Warren, CEO, Crypto Council for Innovation.
For further insight into the policy landscape, see the U.S. SEC’s digital assets guidance and Republic’s official platform, which outlines its compliance framework for digital securities.
The Trump token issuer’s negotiations with Republic underscore a larger shift toward integrating digital assets into mainstream financial systems. While the memecoin market has struggled through 2025, politically branded tokens like TRUMP have maintained cultural and speculative relevance.
If the acquisition moves forward, the Trump token issuer could pioneer a new hybrid model as one where community-driven finance, political branding, and institutional fundraising converge. As lawmakers push for clearer digital asset frameworks, the outcome of these talks may determine how far such experiments can go in redefining capital markets.
