Fintech That Soared on Trump Sells Core Business for $12 Million
THE SO WHAT
A fintech that briefly hit a $1B valuation off a political-crypto tie-up and is now selling its core business for $12M is a case study in narrative-driven, non-durable value. Founders and investors should treat celebrity and political distribution as a spike, not a foundation—underwrite on unit economics and product stickiness, not headline reach.
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