Galaxy Digital Transfers $3.08 Million in TRUMP Tokens to Binance Amid $2 Billion UAE Investment Using Trump Stablecoin

Galaxy Digital transferred 220,550 TRUMP tokens, valued at approximately $3.08 million, to Binance on May 12, 2025. This move may indicate an intention to sell the tokens. Separately, the United Arab Emirates announced a $2 billion investment in Binance, utilizing the Trump stablecoin USD1 as the vehicle for this state-backed Emirati investment. Additionally, a Trump business entity is entitled to 75% of all revenue generated from the sales of these coins.

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