#market

Donald Trump's venture into social media with Truth Social is gearing up for a stock market debut, thanks to a merger deal with Digital World Acquisition getting the green light from investors. The stock could potentially trade under Trump's initials, DJT.

Coinbase CEO Brian Armstrong has acknowledged the need for increased investment in the platform's infrastructure, as some users have encountered issues during significant market fluctuations. For example, at the end of February, they experienced difficulties executing trades as the price of Bitcoin surged drastically.

According to the Financial Times, the U.S. Department of Justice has launched an antitrust lawsuit against Apple. The lawsuit accuses the tech giant of leveraging its smartphone market dominance to stifle competition and limit choices for consumers.

Zac Prince, the mind behind the crypto lending platform BlockFi, has decided to leave the crypto world behind to focus on the real estate sector, applying his vast expertise to more traditional business ventures. He, however, plans to return to the crypto space eventually with a new company designed to withstand market fluctuations better.

Fintech company Imperium Markets has called on the Australian government to accelerate the tokenization of debt instruments to stay competitive in today’s market. The company has long been working with the government on a pilot project employing distributed ledger technology for tokenization.