The family of President Donald Trump is reportedly in discussions to acquire a stake in Binance.US, the American subsidiary of the global crypto exchange Binance.
The Wall Street Journal dropped the scoop on March 13, 2025, citing insiders, and it’s got the market buzzing.
With daily trading volume still in the billions, per CoinMarketCap, Binance’s U.S. arm might just get a lifeline—or a new power player.
Trump Family’s Crypto Drive
The Trump crew’s in talks to grab a piece of Binance.US, maybe through their own World Liberty Financial, launched September 2024.
Sources told the Wall Street Journal that Binance kicked off these chats last year, pitching Trump allies on a deal to claw back into the U.S.
Changpeng Zhao, Binance’s big shareholder, did four months in prison after pleading guilty to anti-money laundering breaches in 2023.
The ex-Binance CEO’s now out of prison and residing in Abu Dhabi since September 27, 2024. CZ is pushing for a pardon, per the Journal’s March 13, 2025, report.
The $4.3 billion settlement forced him out as CEO, but a clean slate could juice Binance’s U.S. comeback. He owns the most shares—exact percentage undisclosed—and a pardon might sway regulators.
Binance’s Rough Road
Binance.US took a beating following its lawsuit with the authorities. As a result, its market share tanked from 27% to over 1%, per the Wall Street Journal.
This is after U.S. officials in 2023 flagged trades with sanctioned groups and tricks to dodge rules.
Binance was hit with a $4.3 billion fine in November 2023, with Zhao coughing up $50 million himself.
Amid these challenges, Binance has sought strategic partnerships and investments to stabilize and expand its operations.
Notably, a state-backed investor from the United Arab Emirates, MGX, acquired a minority stake in Binance for $2 billion, marking the exchange’s first institutional investment.
Binance’s global arm still moves billions daily, per CoinMarketCap data, despite the U.S. market slump.
With a Trump tie-up and a lighter SEC touch, Binance US might climb from that 1% pit.
