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Trump’s Social Media Eyes Launching New Cryptocurrency

Trump’s Social Media Eyes Launching New Cryptocurrency

Trump Media & Technology Group, the parent firm behind Truth Social, is eyeing a deeper move into the crypto world.

In a recent update shared with shareholders, the company revealed plans to develop a digital rewards system built around its own utility token.

This token would be integrated into a Truth-branded wallet and could initially be used to pay for premium services on the platform, such as subscriptions to Truth+.

Over time, the token could gain broader functionality across other offerings within the Truth digital ecosystem.

This announcement follows recent developments that signal the company’s growing interest in blockchain-based finance.

Earlier this month, Trump Media struck partnerships with Crypto.com and Yorkville America Digital to launch a range of crypto-linked financial products through its fintech arm, Truth.Fi.

That division was first hinted at last year when a trademark application surfaced, detailing plans for wallet software and digital finance services.

The company appears to be steadily building the infrastructure for a broader crypto integration strategy, one that merges media, payments, and digital asset exposure into a single ecosystem.

Author

Reporter at Coindoo

Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.

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