Trump Media and Technology Group (TMTG) is venturing into the cryptocurrency and manufacturing industries with the launch of a new brand called Truth.Fi. The company plans to offer investment products such as exchange-traded funds (ETFs) and separately managed accounts (SMAs). These products will focus on the cryptocurrency, manufacturing, and energy sectors. TMTG has partnered with Charles Schwab and Yorkville Advisors to manage its investment products and oversee regulatory processes. The announcement of Truth.Fi has resulted in a 15% increase in TMTG's stock, although its social media platform Truth Social remains less popular compared to competitors like Meta's Facebook and Elon Musk's X.
Content Editor ( cryptopolitan.com )
- 2025-02-06
Trump family company TMTG to launch USA-themed crypto and manufacturing ETFs under Truth.Fi brand
