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Binance News: Trump Family in Negotiations to Acquire Stake in Binance.US Amid CZ’s Pardon Bid

Binance News: Trump Family in Negotiations to Acquire Stake in Binance.US Amid CZ’s Pardon Bid

Published:
2025-03-13 15:08:48
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Recent developments in the cryptocurrency world have sparked significant interest, with the Trump family reportedly in talks to acquire a stake in Binance.US. Here’s a closer look at the story and its implications.

Trump Family in Talks for Binance.US Stake Amid CZ Pardon Push

The Trump family has discussed acquiring a stake in Binance.US, the American subsidiary of the world’s largest cryptocurrency exchange Binance. These negotiations come as Binance founder Changpeng Zhao (CZ) seeks a presidential pardon following his guilty plea in 2023 for violating anti-money-laundering laws. The talks reportedly began after Binance reached out to Trump’s allies last year, looking to reestablish a presence in the U.S. market. The potential deal could involve the Trump family directly or through World Liberty Financial, a Trump-backed cryptocurrency venture. However, it remains unclear whether the stake would be contingent on a pardon for Zhao.

What The Trump-Binance Deal Means For The Crypto Market

The family of President Donald Trump is reportedly in discussions to acquire a stake in Binance.US, the American subsidiary of the global crypto exchange Binance. The Wall Street Journal reported on March 13, 2025, citing insiders, that this deal has the crypto market buzzing. Binance’s U.S. arm, with daily trading volume still in the billions, might just get a lifeline or a new power player. Sources told the Wall Street Journal that Binance initiated these discussions last year, pitching Trump allies on a deal to re-enter the U.S. market. No mention of specific coins was made in the report, but the deal’s potential impact on the crypto market is significant.

|Square

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