14-05-2025
- Business
- Wall Street Journal
Small China-Linked Firm Plans to Snap Up Trump's Crypto Token
GD Culture Group GDC 2.80%increase; green up pointing triangle, a small technology company with operations in China, said it struck a $300 million funding deal to help it amass a stockpile of cryptocurrencies, including President Trump's meme coin.
Nasdaq-listed GDC has a market value of about $26 million. It says it uses artificial-intelligence algorithms and software to generate 'digital human models.' It uses these avatars to sell products on TikTok, including Asian snacks, small home appliances and gardening tools.
