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Trump signs an executive action to form a sovereign wealth fund; Commerce secretary nominee Howard Lutnick says it may be used to facilitate a sale of TikTok US (Bloomberg)

Bloomberg : Trump signs an executive action to form a sovereign wealth fund; Commerce secretary nominee Howard Lutnick says it may be use...

3 February 2025

Chainalysis and others estimate $Trump had generated $86M to $100M in trading fees by January 30; its market cap, which hit $14.5B on January 19, is down 66% (Reuters)

Reuters:
Chainalysis and others estimate $Trump had generated $86M to $100M in trading fees by January 30; its market cap, which hit $14.5B on January 19, is down 66%  —  Entities behind President Donald Trump's crypto coin have accumulated close to $100 million in trading fees in less than two weeks …

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