Fight Fight Fight LLC, the company behind the TRUMP meme coin, is planning to raise $200 million to establish a digital asset treasury firm.
By Bhushan Akolkar
Editor Julia Sakovich
Updated
2 mins read
The Official Trump (TRUMP) meme coin has been struggling under $10 for quite some time, and is soon to get a $200 million treasury boost. According to the latest Bloomberg report, Fight Fight Fight LLC, the startup behind the TRUMP token, is planning a $200 million fundraising to build a crypto treasury firm, which will accumulate large quantities of TRUMP coin.
Bill Zanker, a close ally of Trump, is spearheading efforts to raise between $200 million and $1 billion to support the TRUMP meme coin.
Sources familiar with the matter stated that the deal remains in development at this point and may not necessarily proceed. The Official Trump meme coin has been struggling and is trading 90% lower than its all-time high in January 2025. Another Trump family project, World Liberty Financial (WLFI), has also been under selling pressure recently.
Thus, the new digital asset treasury (DAT) firm under consideration by Zanker and his team, marks the latest move to stabilize and boost the token’s price. In May, Donald Trump attended a private dinner with top holders of the token. Ahead of the event, Fight Fight Fight LLC maintained a public leaderboard of leading holders and promoted the competition across social media.
Zanker planned for a Trump-branded digital asset wallet. However, these plans were reportedly delayed after a dispute with another Trump-linked venture, World Liberty Financial (WLF).
The Official Trump (TRUMP) cryptocurrency token is displaying a significant technical setup on its daily chart. As shown in the image below, the meme coin will gain upside momentum following a breakout from the descending wedge pattern.
Trump meme coin eyes breakout | Source: Bitcoin Daily
The 24-hour trading volume has surged by more than 100% to $517.09 million, representing healthy liquidity relative to the market cap. Moreover, the volume-to-market-cap ratio of 0.28 indicates active trading interest.
The supply of the Trump token remains largely restricted, with only about 35% currently unlocked, according to Messari. This portion gives the token a circulating market value of approximately $1.5 billion.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.
