#BTCRebound ,
Trump Crypto Firm Tapped For $2 Billion Deal;
Strategy, Metaplanet To Add Bitcoin30% rally from an April low has sent bitcoin to its highest level since late February. Meanwhile, Binance and MGX reportedly settled on the Trump-backed World Liberty Financial to power a $2 billion investment deal. Also, Strategy and Metaplanet announced plans to raise serious funds to buy more bitcoin.
Trump Firm Nabs Stablecoin Win
Eric Trump announced at the Token2049 event in Dubai on Thursday that World Liberty Financial's USD1 stablecoin would be the official stablecoin backing MGX's $2 billion investment in crypto exchange Binance, according to reports.
Binance first announced the deal with the Abu Dhabi-based tech investment firm in March. The agreement makes MGX a minority shareholder in Binance. At the time, the deal marked the single largest investment into a crypto company, the largest investment paid in crypto, and the first institutional investment in Binance,