{"id":10469,"date":"2025-01-30T11:48:59","date_gmt":"2025-01-30T11:48:59","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=10469"},"modified":"2025-01-30T11:48:59","modified_gmt":"2025-01-30T11:48:59","slug":"trumps-media-company-tmtg-announces-expansion-into-crypto-with-truth-fi-launch","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=10469","title":{"rendered":"Trump\u2019s Media Company, TMTG, Announces Expansion Into Crypto With Truth.Fi Launch"},"content":{"rendered":"<div>\n<p><span style=\"font-weight: 400\">US President Donald Trump\u2019s media company, Trump Media &amp; Technology Group (TMTG), has unveiled ambitious plans to expand into financial services, including cryptocurrency investments.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Furthermore, TMTG revealed that it may invest up to $250 million into various financial instruments, including Bitcoin, other cryptocurrencies, and crypto-related securities.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">In a <a href=\"https:\/\/ir.tmtgcorp.com\/news-events\/press-releases\/#b2iLibScrollTo\" target=\"_blank\" rel=\"nofollow\">press release dated 29 January 2025<\/a>, the company said, \u201cTo diversify the Company\u2019s cash and cash-equivalent reserves of over $700 million as of December 31, 2024, the board has approved the investment of up to $250 million to be custodied by Charles Schwab.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201cIn addition to traditional investment vehicles, these funds may be allocated to: Customized separately managed accounts (SMAs); Customized exchange-traded funds (ETFs); <\/span><b>Bitcoin and similar cryptocurrencies or crypto-related securities.\u201d<\/b><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f6a8.png\" alt=\"\ud83d\udea8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\">BREAKING: <a href=\"https:\/\/twitter.com\/TMTGcorp?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@TMTGcorp<\/a> launches Truth. Fi, expanding into financial services and FinTech<\/p>\n<p>The company plans to invest up to $250M in investments with a focus on SMAs, ETFs &amp; crypto <a href=\"https:\/\/t.co\/XupoiVTHMR\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/XupoiVTHMR<\/a><\/p>\n<p>\u2014 CryptosRus (@CryptosR_Us) <a href=\"https:\/\/twitter.com\/CryptosR_Us\/status\/1884599270608642411?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">January 29, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><strong>Explore: <a href=\"https:\/\/99bitcoins.com\/news\/trump-blames-federal-reserve-jerome-powell-speech-after-fomc-meeting-2025\/\" rel=\"bookmark\">Trump Blames Federal Reserve Jerome Powell Speech After FOMC Meeting 2025<\/a><\/strong><\/p>\n<h2>TMTG Shares Surged By 15%<\/h2>\n<p><span style=\"font-weight: 400\">The announcement sent shares of TMTG soaring by 15% in pre-market trading.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">TMTG, which owns the Truth Social platform\u2014a social media network launched as a free-speech alternative to mainstream platforms\u2014revealed its plans to launch Truth.Fi, a financial technology brand aimed at offering investment products and services.\u00a0<\/span><\/p>\n<p>Commenting on the development, TMTG CEO and Chairman Devin Nunes said, \u201cTruth.Fi is a natural expansion of the Truth Social movement.\u201d<\/p>\n<p>\u201cWe 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,\u201d said Nunes. \u201cDeveloping American First investment vehicles is another step toward our goal of creating a robust ecosystem through which American patriots can protect themselves from the ever-present threat of cancellation, censorship, debanking, and privacy violations committed by Big Tech and woke corporations.\u201d<\/p>\n<p><span style=\"font-weight: 400\">The firm has plans for Truth.Fi, with multiple investment products set to launch throughout 2025.<\/span><\/p>\n<p><strong>Explore: <a href=\"https:\/\/99bitcoins.com\/news\/us-senate-confirms-trumps-pick-billionaire-scott-bessent-as-treasury-secretary\/\" rel=\"bookmark\">US Senate Confirms Trump\u2019s Pick Billionaire Scott Bessent As Treasury Secretary<\/a><\/strong><\/p>\n<h2>Another Controversial Move<\/h2>\n<p>This is not the first controversial or ethically questionable move Trump has pulled in the last few days. Few days ago, he <span data-preserver-spaces=\"true\">launched TRUMP, a meme coin with no utility. As expected, it soared, commanding over $18 billion in value within days.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Less than 12 hours before the inauguration, incoming First Lady Melania Trump joined the meme coin bandwagon, launching her token, MELANIA.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The sequence of events over the past few <\/span><span data-preserver-spaces=\"true\">days have been unprecedented. This marks the first time since Bitcoin\u2019s inception that a president or president-elect of any country has released a token\u2014let alone a meme coin\u2014while in office or on the verge of taking over.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">TRUMP and MELANIA meme coins have been market movers, sparking\u00a0Solana,\u00a0<a href=\"https:\/\/99bitcoins.com\/news\/trump-buys-ethereum-but-american-coin-reserve-favors-solana-whats-the-best-new-crypto-to-buy-in-2025\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>, and Bitcoin rallies.\u00a0<\/span><\/p>\n<p><strong>Explore: <a href=\"https:\/\/99bitcoins.com\/news\/will-trump-meme-coin-and-melania-crypto-end-in-the-first-ever-national-rug-pull\/\">Will TRUMP Meme Coin and MELANIA Crypto End in the First-Ever National Rug Pull?<\/a><\/strong><\/p>\n<p>\u00a0<\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/trump-media-company-tmtg-announces-expansion-into-crypto-with-truth-fi-launch\/\">Trump\u2019s Media Company, TMTG, Announces Expansion Into Crypto With Truth.Fi Launch<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>US President Donald Trump\u2019s media company, Trump Media &amp; Technology Group (TMTG), has unveiled ambitious plans to expand into financial services, including cryptocurrency investments.\u00a0 Furthermore, TMTG revealed that it may invest up to $250 million into various financial instruments, including Bitcoin, other cryptocurrencies, and crypto-related securities.\u00a0 In a press release dated 29 January 2025, the [&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-10469","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\/10469","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=10469"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/10469\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}