Trump’s Family Eyes Stake in Binance US
Amid Growing Crypto Influence
The crypto industry is witnessing yet another intriguing development as reports suggest that former US President Donald Trump’s family representatives have engaged in discussions to acquire a stake in Binance US. According to a report by *The Wall Street Journal (WSJ) , these discussions follow Abu Dhabi-based MGX’s recent $2 billion investment in Binance to secure a minority stake in the global crypto exchange.
🚩 Potential Ties Between Trump and Binance US
The WSJ report highlights that Binance’s founder, Changpeng “CZ” Zhao, is also seeking a presidential pardon from Trump’s administration. Zhao previously served a four-month sentence after he and Binance US pleaded guilty to anti-money laundering violations. If granted, the pardon would erase Zhao’s criminal record, removing his status as an ex-convict.
The potential acquisition of a stake in Binance US by the Trump family and CZ’s quest for a pardon seem to be closely intertwined. Given that CZ is reportedly still Binance US’s largest shareholder, his influence could play a crucial role in facilitating Trump’s investment in the exchange.
The Background of the Talks
Discussions about the Trump family’s investment reportedly began in 2024 when Binance reached out to Trump’s allies to explore potential deals that could help revitalize its US operations. It is worth noting that Binance US resumed its USD services after Trump’s return to office in January 2025, which could further indicate a favorable regulatory environment for the exchange.
However, details regarding the structure of the Trump family’s stake, should the deal materialize, remain unclear. Moreover, it is uncertain whether the acquisition hinges on Trump granting CZ a pardon. Another possibility suggested in the WSJ report is that the transaction could be facilitated through World Liberty Financial, a firm with known Trump family connections.
