Trump Media & Technology stock slipped early Tuesday after jumping in the previous session on a report that the company is in talks to buy crypto trading platform Bakkt. A deal would expand President-elect Donald Trump’s crypto interests—he launched his own cryptocurrency venture in September—a platform called World Liberty Financial.

Bakkt, which warned nine months ago that it may not be able to continue operating due to inadequate funds, is reportedly in advanced talks to be acquired by Trump Media and Technology Group.

Trump Media is in "advanced talks" to buy the cryptocurrency trading firm Bakkt, the Financial Times reported, citing two people with knowledge of the talks. Shares of DJT and Bakkt soared after the report was published. Bakkt was created by ...