{"id":10296,"date":"2025-01-29T15:02:16","date_gmt":"2025-01-29T15:02:16","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=10296"},"modified":"2025-01-29T15:02:16","modified_gmt":"2025-01-29T15:02:16","slug":"trump-media-starts-new-fintech-platform-truth-fi-focusing-on-crypto-etfs","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=10296","title":{"rendered":"Trump Media Starts New Fintech Platform Truth.Fi Focusing on Crypto, ETFs"},"content":{"rendered":"<div>\n<p>Trump Media and Technology Group (DJT), the company that operates the social media site Truth Social, <a href=\"https:\/\/www.globenewswire.com\/news-release\/2025\/01\/29\/3017197\/0\/en\/Trump-Media-Announces-Expansion-into-Financial-Services.html\" target=\"_blank\">announced<\/a> Wednesday it is launching a financial services platform focusing on crypto and customized exchange-traded funds.<\/p>\n<p>The company&#8217;s board approved an investment of up to $250 million at major asset manager Charles Schwab (SCHW). The funds may be allocated to customized separately managed accounts (SMAs), customized exchange-traded funds (ETFs) and bitcoin (BTC) and similar cryptocurrencies or crypto-related securities, according to a <a href=\"https:\/\/www.sec.gov\/ix?doc=\/Archives\/edgar\/data\/1849635\/000114036125002278\/ef20042481_8k.htm\" target=\"_blank\">filing<\/a> to the Securities and Exchange Commission.<\/p>\n<p>Charles Schwab will also broadly advise on Truth.Fi&#8217;s investments and strategy, according to the press release.<\/p>\n<p>\u201cTruth.Fi is a natural expansion of the Truth Social movement,&#8221; Trump Media CEO and Chairman Devin Nunes said in a statement. &#8220;We began by creating a free-speech social media platform, added an ultra-fast TV streaming service, and now we\u2019re moving into investment products and decentralized finance.<\/p>\n<p>DJT shares are higher by 10.4% on Wednesday following the news..<\/p>\n<p>Truth.Fi is the latest endeavor of Donald Trump-affiliated companies into the digital asset space. Trump and his family backed the decentralized finance (DeFi) protocol World Liberty Financial. Trump also launched an &#8220;official&#8221; memecoin on Solana a few days prior to his Jan. 20 inauguration, igniting a speculative frenzy among crypto traders and irking several crypto industry figures.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Trump Media and Technology Group (DJT), the company that operates the social media site Truth Social, announced Wednesday it is launching a financial services platform focusing on crypto and customized exchange-traded funds. The company&#8217;s board approved an investment of up to $250 million at major asset manager Charles Schwab (SCHW). The funds may be allocated [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-10296","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/10296","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10296"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/10296\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10296"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10296"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}