According to a report by the Financial Times in the UK, a social media company under Trump is in deep negotiations to acquire the cryptocurrency trading platform Bakkt, which is owned by the Intercontinental Exchange, as the company seeks to expand its business beyond online dialogue. Two people familiar with the negotiations said that the Trump Media and Technology Group is nearing a full stock acquisition of Bakkt. It is still unclear what the valuation under discussion is, but on Monday, Bakkt's market capitalization was slightly above $150 million.