TikTok firm bets on $TRUMP in $300 million crypto push amid China links , no sales

A struggling tech firm that relies on TikTok, and with ties to China, announced it had secured funding to buy $300 million of $TRUMP, the cryptocurrency marketed by President Donald Trump.

GD Culture Group, a publicly traded firm with a Chinese subsidiary and only eight employees, as its public filings show, recorded zero revenue last year from an e-commerce business it operates on TikTok, a Chinese-owned video-sharing app.