Fight Fight Fight LLC, the company behind the TRUMP memecoin, is negotiating to purchase the U.S. business of the fundraising platform Republic.com. If successful, the acquisition could provide the politically-themed token with a significant new use case beyond speculative trading.

According to sources familiar with the discussions, the plan would integrate the TRUMP token directly into Republic’s ecosystem. This could allow investors to use the token for payments and investments, creating a new capital-raising venue for crypto startups. While discussions are ongoing, Republic is reportedly speaking with multiple potential strategic partners.

The Token’s Volatile Market History

Launched in January, the TRUMP memecoin saw a dramatic price increase of 2000% as supporters rallied behind it. The token’s rapid ascent also drew criticism from some who argued that undisclosed holdings by political figures could create conflicts of interest. At its peak, the token’s market value reached nearly $9 billion before experiencing a sharp decline.

At the time of writing, its market capitalization sits at approximately $1.6 billion. The token’s trajectory has mirrored the wider memecoin market, which saw extreme valuations in late 2024 and early 2025 before a significant cooldown. Many tokens in the space have fallen sharply, as most lack underlying business use or intrinsic value.

Why Republic is a Strategic Target

Republic.com has established itself as a major player in the alternative investment space, facilitating over 3,000 fundraising rounds for smaller companies. The platform serves both accredited and retail investors and has embraced tokenized assets, which represent real-world items like equity on the blockchain. The tokenization of real-world assets is a growing trend, attracting major financial firms like BlackRock Inc. Republic’s own investors include prominent crypto names like Galaxy Digital and Binance Labs.

Acquiring Republic’s U.S. division would enable Fight Fight Fight to introduce new financial features tied directly to its token. Potential applications include issuing grants, facilitating startup investments, and paying platform fees using TRUMP. While a few websites already accept the token, this move would dramatically expand its utility.

Ownership of the TRUMP token is highly concentrated, with CIC Digital LLC, an entity linked to The Trump Organization, and Fight Fight Fight holding a combined 80% of the supply. This stake is locked for three years. In a related effort, Fight Fight Fight is also seeking to raise at least $200 million to establish a digital-asset treasury company to support the token’s market liquidity.