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Cryptocurrency News Articles
Atua AI (TUA) Developer to Acquire $180M TRUMP Tokens for Decentralized Ecosystem Growth
Jan 23, 2025 at 02:03 pm
KaJ Labs plans to bolster Atua AI's blockchain ecosystem with a $180M TRUMP token acquisition.
Technology company KaJ Labs announced Thursday that it will be acquiring $180 million in former President Donald Trump's digital trading cards.
The cards, which were released in December, quickly sold out and have since been rising in value on secondary markets. Each card features a different image of Trump, often superimposed on scenes from movies or moments from history, and includes a unique serial number.
The cards are also linked to a sweepstakes that offers prizes such as meeting Trump at Mar-a-Lago or dinner with the former president.
KaJ Labs, which is the developer behind the decentralized artificial intelligence platform Atua AI, said that it will be integrating the Trump cards into its ecosystem.
“This acquisition will allow us to diversify Atua AI's blockchain infrastructure and open up new possibilities for AI-driven enterprise solutions,” the company said in a statement.
The company added that the Trump cards have “demonstrated growing value and influence within the blockchain community.”
“In line with our commitment to driving innovation within the Atua AI ecosystem, we are excited about the possibilities that this integration will unlock,” the statement continued.
The move comes as Trump has been ramping up his efforts to sell the cards. Earlier this month, he sent out an email blast to his supporters urging them to buy the cards before they “completely sell out.”
“The Trump Digital Trading Cards are the hottest new collectible,” the email reads. “They're also an incredible investment, quickly rising in value on secondary markets.”
The email adds that the cards are “the perfect way to celebrate President Trump's legacy and show your support for the Make America Great Again movement.”
The cards have been met with mixed reactions from Trump supporters. Some have praised them as a fun and unique collectible, while others have criticized them as a cash grab.
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