After losing the elections Trump It was isolated from social media and formed its own network in response to it. Social Media Platform Truth Social and video broadcasting platform Truth+’s operator Trump Media and Technology Group Corp achieved significant growth in this field. Now they’re taking action for more.
Trump and Crypto Coins
The company has cash and cash equivalent reserves with more than $ 700 million as of December 31, 2024. Charles Schwab announced the launch of Truthfi, a fintech brand for investment up to $ 250 million to hide by Schwab. With the stock market investment funds, this money will be transferred to the securities related to crypto currencies and crypto currencies.
Devin Nunes, CEO of TMTG and Chairman of the Board of Directors, said the following;
“TruthfiWe look forward to implementing it, introducing TMTG’s investment instruments and revealing synergies. Truthfi is a natural extension of the Truth Social movement. We started to work by creating a social media platform that provides freedom of speech, we have added an ultra -fast TV broadcasting service and now we are going to investment products and non -decentralized finance. Developing American First is another step towards our goal of developing investment instruments, creating a solid ecosystem in which American patriots can protect themselves from the threat of cancellation, censorship, debanking and confidentiality violations that are always existing by great technology and awakened companies. ”
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
