The memecoin
Fight Fight Fight LLC, which, together with CIC Digital LLC (connected to the Trump Organization), holds 80% of the TRUMP token supply, plans to bring the token into Republic’s platform, as reported by
Launched in January 2025, the TRUMP token initially reached a $9 billion market cap before dropping to $1.6 billion, according to CoinGecko. The token’s ownership is heavily concentrated, with mechanisms for locked supply and revenue sharing between Fight Fight Fight and CIC Digital designed to encourage ecosystem development. If the acquisition goes through, TRUMP’s value could become more stable by tying it to Republic’s regulated crowdfunding system—a notable difference from the often unpredictable memecoin market, where tokens like
The timing of this move reflects a larger trend in the crypto space. With the Trump administration relaxing oversight—evidenced by recent pardons such as that of Binance co-founder Changpeng Zhao—the U.S. is emerging as a center for crypto advancement. Coinbase’s recent $375 million purchase of the on-chain fundraising platform Echo highlights this momentum. Republic’s connections to crypto leaders like Galaxy Digital and Binance Labs further strengthen its reputation, which could help smooth TRUMP’s integration.
Industry observers believe the merger could connect memecoins with mainstream finance. “This deal has the potential to link memecoins to real business uses, possibly making TRUMP less susceptible to price swings,” an analyst told Bloomberg. Republic’s existing community of both accredited and retail investors could also help TRUMP reach a wider audience, appealing to both crypto fans and traditional investors looking for new opportunities.
Still, there are hurdles ahead. The agreement is not finalized, and Republic is considering other partners as well. Regulatory approval and thorough vetting will be essential, especially since bringing a politically associated token onto a regulated platform could attract extra attention. Furthermore, TRUMP’s ties to Trump’s public events—such as a May dinner for token holders—have sparked debate about possible conflicts of interest.
The impact of this deal could reach beyond just TRUMP. If successful, it might serve as a model for other memecoin projects seeking legitimacy through practical partnerships. It also fits with the Trump administration’s supportive stance on crypto, which has encouraged major players like BlackRock to enter the tokenization space and manage substantial digital assets, as discussed in