Trump Meme Coin Issuer Seeks $200M for Treasury Company to Support Token
The issuer of Donald Trump’s meme coin is working to raise at least $200m for a digital-asset treasury company that would buy up the struggling token, Bloomberg reported Wednesday.Bill Zanker, a longtime Trump associate...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The issuer of Donald Trump’s meme coin is working to raise at least $200m for a digital-asset treasury company that would buy up the struggling token, Bloomberg reported Wednesday.
Bill Zanker, a longtime Trump associate and promoter, is leading the effort through Fight Fight Fight LLC. Funding ambitions could reportedly climb to as much as $1b, although the effort remains ongoing and may not ultimately be completed.
Zanker’s latest attempt to shore up the Trump coin comes after its steep drop from $44 in January to about $8 today.
Clash With World Liberty Financial Derailed Wallet InitiativePlans for the digital-asset treasury, or DAT, follow a wave of similar vehicles launched this year. PitchBook data shows more than 80 companies have entered the space in 2025, many of which saw valuations slip after an early burst of excitement.
According to Bloomberg, Fight Fight Fight LLC, issuer of the TRUMP token, plans to raise at least $200 million to establish a Digital Asset Treasury (DAT) for accumulating the struggling “Trump memecoin.” The company is run by Donald Trump’s longtime associate Bill Zanker, and…
— Wu Blockchain (@WuBlockchain) October 8, 2025Trump himself has lent visibility to the project. In May, he attended a dinner with top holders of the meme coin. Before the event, Fight Fight Fight promoted a contest on social media. A scoreboard tracked leading investors who would qualify for a seat at the table.
Later in the summer, Zanker’s plan for a Trump-branded wallet collapsed. The setback followed a clash with another Trump-linked crypto venture, World Liberty Financial. Meanwhile, that firm’s WLFI token has already drawn interest from ALT5 Sigma, a separate digital-asset treasury company.
Majority Of Tokens Held By Trump-Linked Entities Unlocking GraduallyThe Trump token’s supply remains tightly controlled. According to Messari, only about 35% is unlocked, giving the token a circulating market value of roughly $1.5b. Meanwhile, the rest, mostly held by Trump-linked entities, continues to unlock gradually.
The total supply is capped at 1b tokens, with 800m locked at launch. In addition, crypto entrepreneur Justin Sun ranks among the largest holders. Sun, who also advises World Liberty Financial, attended the May dinner and received a watch.
Struggling Token Spurs Zanker To Seek Fresh Investor SupportZanker’s fundraising drive comes as the Trump family expands its involvement in digital assets.
Over the past year, it has launched ventures in Bitcoin mining, a stablecoin project, a treasury strategy, and exchange-traded funds tied to the world’s largest cryptocurrency.
For Zanker, the treasury plan is an attempt to revive momentum in a token that has struggled to keep investor confidence.
The post Trump Meme Coin Issuer Seeks $200M for Treasury Company to Support Token appeared first on Cryptonews.
Why this matters
This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Multicoin exits the $1.65 billion Solana treasury company it helped launch eight months ago
Multicoin Capital has exited its disclosed stake in Forward Industries, the largest Solana treasury company, according to SEC fili...
Solana treasury company shutters its SOL accelerator as a $27 million quarterly reversal forces deep cuts
DeFi Development Corp., which holds Solana's SOL token as a treasury asset, reported a $27 million second-quarter loss. It is also...
From BONK to ANSEM: How Solana Reinvented the Meme Coin
The FTX collapse had shaken confidence across the crypto industry; Solana had been caught in the fallout, and SOL was trading belo...
Strategy criticizes MSCI’s proposal to exclude Bitcoin treasury firms from major indexes
MSCI's decision to maintain index inclusion for Bitcoin treasury firms sustains institutional interest and supports the broader ad...
MSCI proposes removing Bitcoin treasury companies Strategy and Metaplanet from indexes
MSCI's proposal could significantly impact passive investment flows, potentially leading to volatility in stocks heavily reliant o...
Gemini increases Bitcoin treasury holdings to 5,528 BTC worth $324M
Gemini's Bitcoin treasury strategy highlights the growing trend of crypto firms using digital assets as balance sheet assets, impa...