MMA completes $3 million private placement financing to build a Web3 platform, with participation from Trump's eldest son

The American mixed martial arts company MMA announced the completion of a $3 million private placement financing through the issuance of 4,285,714 shares of Series A preferred stock, led by American Ventures LLC. Donald Trump Jr., the eldest son of Trump, who currently serves as a strategic advisor to the company, also participated in the investment. The new funds will be used to build MMA's Web3 platform, support development within the broader Web3 ecosystem, and accelerate platform expansion.