$300 million bet? TikTok-connected startup with zero revenue and China links eyes massive stake in Donald Trump’s memecoin

GD Culture Group, a small China-linked tech firm with no revenue last year, plans to invest up to $300 million in $TRUMP memecoin and Bitcoin. The purchase, financed by a stock sale to an unnamed party in the British Virgin Islands, raises conflict of interest concerns given Trump's crypto involvement and potential financial benefit from the memecoin.