ChainCatcher news, according to the Financial Times, Trump's social media company is in advanced talks to acquire the cryptocurrency trading platform Bakkt, which is owned by the Intercontinental Exchange, as the company seeks to expand its business beyond online conversations.Two people familiar with the negotiations said that Trump Media and Technology Group is close to a full stock acquisition of Bakkt. The valuation under discussion is still unclear, but on Monday, Bakkt's market capitalization was slightly above $150 million.

ChainCatcher News, former U.S. President Trump's media company's stock price fell more than 5% on Monday, hitting a new low, continuing its recent downward trend after the expiration of insider trading restrictions. Trump Media & Technology Group has seen its stock decline for six consecutive trading days, with a market value dropping to $2.5 billion, of which 57% is owned by the Republican presidential candidate. The company operates the Truth Social app, and its stock price fell to $12.56 (the lowest price since its listing in March) before closing at $12.76. Since the lifting of the insider selling restrictions on Thursday, the company's stock price has dropped about 13%.

ChainCatcher news, Nasdaq-listed blockchain and metaverse media company Glory Start announced a strategic investment agreement of $60 million with two institutions at a price of $2.48 per share, with the transaction completed around May 9, 2023.It is reported that Glory Start currently has a business ecosystem that includes a Digital Innovation Research Institute and a 5G+VR+AR+AI metaverse space platform built on blockchain, cloud computing, extended reality, and digital twins, and has also established an NFT R&D division. (Source link)

ChainCatcher news, media company Semafor plans to buy back approximately $10 million in shares held by SBF due to his personal investment, while seeking to raise new funds.Semafor co-founder and CEO Justin Smith stated, "We plan to buy back Sam Bankman-Fried's shares in Semafor and will deposit this money into a separate account until the relevant legal authorities provide guidance on where this money should be returned."According to reports, the crypto data platform RootData shows that Semafor announced the completion of a $25 million seed round financing last June, with SBF participating. This funding came from SBF's personal funds, rather than from FTX and its affiliated company Alameda Research. (source link)

ChainCatcher news, according to TheWrap, media company Semafor plans to return the investment received from SBF. It is reported that in June 2022, Semafor completed a $25 million seed round financing, with SBF participating. This funding came from SBF personally, rather than from FTX and its affiliated company Alameda Research.A Semafor spokesperson stated that the company is working with legal agencies and government departments to ensure that SBF's creditors receive "the most ethical and responsible outcome." (source link)

Chain Catcher News, the digital music media company 3tone Music Group based in Bristol, UK, announced the completion of a new round of financing of $50 million, with participation from Carlton James Group. The company stated that they will use the latest funds to further expand their distribution platform while strengthening their position in the Web3 and media markets. (Source link)