Trump Media Group Expands into Crypto with Truth.Fi
Trump Media and Technology Group is launching a fintech brand called Truth.Fi, which will invest in cryptocurrencies, ETFs and other financial products.
Trump Media Group currently operates the social media platform Truth Social, which is prohibited by Donald Trump, launched by Twitter and other popular platforms launched in 2021.
Trump continues to adventure into cryptocurrencies
According to the latest publishing house releaseTrump’s new fintech companies will invest in Bitcoin, other cryptocurrencies and securities related to encryption. The company will also invest in ETF, but it may not be limited to encrypted ETFs.
As of December 2024, the company’s reserve was more than $ 700 million, and the board of directors had approved the investment of US $ 250 million through Truth.Fi.
The company’s investment is likely to directly affect the cryptocurrency market in one or another. In the current state, the market is being displayed A major response to a lawsuit related to TrumpEssence
“Truth. Fi is the natural expansion of the truth social movement. We first created a free voice social media platform. M now enters investment products and decentralized finances (defiTo. The development of the first investment tool for the United States is another step towards our goal to create a powerful ecosystem.
Trump Media Group submitted a trademark for the truth. Just a few weeks after Donald Trump won November after the victory of Donald Trump. The rumor shows the truth. FI will provide Encrypted payment and monitoring servicesEssence
However, as of now, fintech brands will start from only investment. There are also about Trump Media Group Get BAKKTPopular cryptocurrency and transaction solutions. These rumors have not yet been realized.
Overall, Affiliated to the United States President has been actively expanding to cryptocurrencies. President current Trump Model due to coinsThis continues to cause significant changes in the cryptocurrency market.
In addition, the DEFI Project World Financial (WLFI) supported by Trump’s family has been actively expanding its investment portfolio.
recent, WLFI purchased a mobile token worth more than 2 million US dollarsEssence Yesterday, it led to nearly 15 % of the cottage coins. At present, WLFI holds cryptocurrencies worth more than 395 million US dollars in its investment portfolio, mainly led by Ethereum.
Exempt statement
persist in Trust project Guide Beincrypto is committed to justice and transparent reports. This news article aims to provide accurate and timely information. However, it is recommended that readers independently verify the facts and consult professionals before making any decision based on this content. Please note, our terms and Conditions,,,,, Privacyand Exempt statement Updated.
