DRW Investments purchased nearly 4 million shares of Trump Media & Technology Group stock, worth $100 million

2025-06-14 12:24:26

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ChainCatcher news, according to the Financial Times, DRW Investments, an investment company founded by American financial tycoon Don Wilson, has purchased nearly 4 million shares of Trump Media & Technology Group stock, valued at approximately $100 million, making it one of the top investors in Trump Media & Technology Group's cryptocurrency bets. However, its competitor Jane Street is the largest investor in Trump Media & Technology Group's cryptocurrency bets, having invested about $375 million.

DRW Investments is a major institutional player in the cryptocurrency asset space and an investor in the liquidity provider Cumberland. They hope the Trump administration will reconsider the regulatory authority over the U.S. securities industry, having previously called for the establishment of a new regulatory body to replace the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission. As of now, Trump Media & Technology Group has not responded to DRW Investments' request for comment on the investment.

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