The discussions for a stake in Binance’s U.S. arm come as founder Changpeng Zhao has pushed for the administration to pardon him for his own 2023 guilty plea.

President Trump’s family has been weighing an investment in Binance.US, according to a report from the Wall Street Journal. The investment would come just

Binance’s BNB token climbed after a Wall Street Journal reported that the Trump family is in talks to secure a financial stake in Binance’s U.S. arm. Such an arrangement would link them to a firm that pleaded guilty to violating anti-money laundering laws in 2023.