Trump Media and Technology Group, the parent company of Truth Social, is reportedly in advanced talks to acquire the cryptocurrency trading platform Bakkt from Intercontinental Exchange (ICE). The potential all-stock deal has caused significant market reactions, with Bakkt's shares surging over 162% and Trump Media's shares rising by 17%. Bakkt, founded in 2018, has struggled to turn a profit despite its valuation now exceeding $400 million. The acquisition, if finalized, would mark a significant expansion for Trump Media into the cryptocurrency market. The news was first reported by the Financial Times and involves President-elect Donald Trump's media company. The stocks involved are DJT and BKKT.