The Trump family is in discussions to acquire a stake in Binance.US through World Liberty Financial as part of a strategy to track the cryptocurrency market.
Changpeng Zhao, the founder of Binance, is seeking a presidential pardon to help resolve regulatory issues and enable the company’s return to the U.S.
Binance.US has seen its market share plummet from 27% to just above 1%, following scrutiny from regulators after previously paying $4.3 billion in fines.