DRW Investments Acquires Significant Stake in Trump Media Technology Group

According to PANews, DRW Investments, led by U.S. financial magnate Don Wilson, has purchased approximately 4 million shares of Trump Media Technology Group, valued at around $100 million. This acquisition positions DRW Investments as one of the leading investors in the group's cryptocurrency ventures. However, Jane Street remains the largest investor in Trump Media Technology Group's cryptocurrency initiatives, having invested approximately $375 million. DRW Investments is a prominent institutional participant in the crypto asset sector. The firm is advocating for the Trump administration to reconsider the regulatory authority of the U.S. securities industry. Previously, DRW Investments has called for the establishment of a new regulatory body to replace the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission.