Bill Zanker, friend and promoter of Trump, leads this move.
According to sources consulted by Bloomberg, negotiations are still in process.
The Fight Fight Fight LLC company, led by Bill Zanker business promoter, is working on a plan to raise a minimum of 200 million dollars. The main objective of this initiative is the creation of a digital asset treasury aimed at accumulating the official Trump cryptocurrency (Trump).
This information arises from a report from the Bloomberg news agency that cites familiar sources with the situation. According to the report, the negotiations are at an initial stage and, although the base objective is 200 million dollars, The project ambition points to a financing range of up to 1,000 million dollars.
The sources consulted by the medium They clarify that the agreement is still in process and there are no guarantees about its concretion.
This move arises in a low performance context for memecoin, whose contribution is 7.50 dollars per unit, well below the maximum of $ 44 that it reached in January this year (even more than $ 70 in an exchange), as reported by cryptootics at the time.
The creation of a specialized treasury could be interpreted as an effort on the part of its promoters to generate greater support and stability in their market.
The following graph shows the historical behavior of the memecoin Trump.
Bill Zanker is a figure close to President Donald Trump and has been involved in the promotion of digital asset since its launch.