Trump media firm invests $250m in new investment platform and ‘move into decentralized finance’
Name
Trump media firm invests $250m in new investment platform and ‘move into decentralized finance’
Description
Trump Media & Technology Group (TMTG), the company behind Truth Social, has launched Truth.Fi, a financial services firm investing $250 million in Bitcoin, cryptocurrencies, ETFs and other investment products. Partnering with Charles Schwab, the platform aims to support the "Patriot Economy" while expanding into decentralized finance.
Publish date
5:57pm, Tuesday, January 28, 2025
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Trump Media launches Truth.Fi, expanding into crypto financial services
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Charles Schwab, the Texas-based brokerage giant, will partner with TMTG to help manage investment accounts at Truth.Fi and advise the firm on investment strategy
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He and his sons also launched World Liberty Financial, a would-be decentralised finance project for lending dollar-pegged stablecoins
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