The Trump administration is set to receive $10 billion in fees for brokering a deal involving TikTok's U.S. business operations, according to sources familiar with the matter.

Investors in the social media platform's American business have agreed to provide the government with several multibillion-dollar payments as part of the arrangement, the sources said.

The payments represent compensation to the federal government for its role in facilitating the agreement involving the Chinese-owned video-sharing app's U.S. operations.

Details about the specific structure of the payments and timeline for the deal were not immediately available. The arrangement comes amid ongoing regulatory scrutiny of TikTok's operations in the United States due to national security concerns over its Chinese ownership.

Neither the Trump administration nor TikTok immediately responded to requests for comment about the reported agreement.