Trump Memecoin Issuer Aims to Acquire Republic for Startup Funding

Fight Fight Fight LLC, the entity behind the Trump-connected memecoin launched prior to the former president's second inauguration, is currently in discussions to acquire the U.S. operations of Republic.com. This potential acquisition could allow the memecoin to be integrated into the startup crowdfunding space.

Key Takeaways

Fight Fight Fight LLC is negotiating an acquisition of Republic.com to facilitate investment using the Trump memecoin.
If successful, the deal could help crypto startups raise funds under a more favorable regulatory framework.
The Trump memecoin has experienced volatility, dropping from a market cap of nearly $9 billion to approximately $1.6 billion.
A recent partnership between Trump Media and Crypto.com aims to incorporate prediction markets into Truth Social.
The political ramifications of pardoning Binance founder Changpeng Zhao have sparked controversy, leading to scrutiny over cryptocurrency’s influence in politics.

Exploring New Opportunities in Startup Funding

Fight Fight Fight LLC, the company behind the Trump-associated memecoin that was launched just before the president's second inauguration, is reportedly in discussions to purchase Republic.com's U.S. operations. This strategic move could integrate the widely debated token into the burgeoning field of startup crowdfunding.

As per reports from Bloomberg, this acquisition could empower Fight Fight Fight to promote the use of the Trump token among investors, while also aiding cryptocurrency startups in their quest to raise capital within a more accommodating regulatory environment.

At present, the specifics of the talks between Fight Fight Fight and Republic remain under wraps, with both companies opting not to disclose further information.

Republic.com has facilitated more than 3,000 fundraising campaigns, representing real-world assets such as equity and cash—a niche that has attracted major financial institutions, including BlackRock.

Revitalizing the Memecoin Market

The Trump memecoin initially saw its market valuation soar to nearly $9 billion, but like many memecoins, it later experienced a sharp decline in value, paralleling the overall downturn in the memecoin market.

Currently, the token is worth around $1.6 billion, reflecting a significant drop from its peak in early 2025. Memecoins—crypto tokens often associated with viral content and celebrities—typically lack substantial underlying utility.

Trump Memecoin Issuer Eyes Republic Acquisition to Enter Startup Funding

In response to these challenges, Fight Fight Fight has been actively seeking ways to enhance the functionality of the memecoin, with several online platforms already recognizing it as a form of payment.

Should the acquisition of Republic go through, the company may have the opportunity to distribute grants in the Trump token and enable investors to support startups with the cryptocurrency, according to insiders familiar with the ongoing discussions.

The timing of these developments is significant, coinciding with Trump's announcement of a partnership between Trump Media and Crypto.com on October 28. This partnership will introduce prediction markets into Truth Social, utilizing a feature called Truth Predict. Users who possess “Truth gems” will have the ability to exchange them for Cronos’ native token and engage in prediction market contracts, building on the companies’ earlier collaboration concerning a digital asset treasury focused on CRO.

Political Controversy Surrounding the Pardon

Trump's recent pardon of Changpeng Zhao, the founder of Binance, has sparked intense political debate. Critics, especially from the Democratic Party, have accused the president of ethical misconduct due to the ties between Zhao and a $2 billion arrangement involving Trump’s family crypto firm, World Liberty Financial.

Zhao, who served four months after admitting to inadequate anti-money laundering controls that allowed transactions related to terrorism and child exploitation, has committed to “help make America the Capital of Crypto.”

Senator Elizabeth Warren has been vocal in her opposition, stating that Zhao “pleaded guilty to a criminal money laundering charge and was sentenced to prison. But then he financed President Trump’s stablecoin and lobbied for a pardon.” Representative Maxine Waters deemed the situation “an appalling reflection of his presidency: one defined by corruption, self-interest, and loyalty to criminals over working-class American families.”

With the pardon, Zhao is now free to re-engage with Binance ventures, removing legal obstacles tied to his prior guilty plea.

Binance's Plans Amidst Political Unrest

In light of the pardon, Binance is considering options to re-enter the U.S. market. This could involve merging its U.S. operations into its global framework or allowing its main platform to serve American investors directly.

Currently, Binance operates Binance.US as a separate entity, capturing less than 1% of the U.S. Bitcoin trading volume, while holding nearly 40% of the global market share.

Several Democratic senators, including Warren, Sanders, Van Hollen, Reed, and Hirono, have demanded explanations from Attorney General Pamela Bondi and Treasury Secretary Scott Bessent by November 4 regarding how the pardon might influence future prosecutions. Their statement warned that this action “signals to cryptocurrency executives and other white-collar criminals that they can commit crimes with impunity, so long as they enrich President Trump enough.”

In response to the growing concerns about what they consider “Trump’s conflict of interest,” Representative Ro Khanna has proposed legislation to prohibit elected officials from owning or launching cryptocurrencies, labeling Trump’s actions as “blatant corruption.”

This ongoing controversy underscores the increasing scrutiny over the role of cryptocurrency in U.S. politics, with industry players spending over $134 million during the 2024 election cycle—an astonishing thirteenfold increase from the last presidential campaign.