Trump announces media plans to expand encryption Donald Trump

Donald TrumpS Social Mesidents Startup has announced plans to outperform financial services, including Cross currenciesThe president’s work empire attracted the encryption as his administration is looking to enhance the space.

The stocks in the Trump group jumped to the Trump platform in Trump, by 15 % during the pre -market trade after it announced its launch.

In a move that is likely to raise new conflicts in interest, the media Trump, or TMTG, said it is planning to invest up to $ 250 million in investment accounts and “bitcoin currencies and similar cryptocurrencies or coding securities.”

She said that the money will be managed by the brokerage Charles Shawab.

The president has already faced criticism for The launch of the MEM coin is a coded currency with millions of dollars On the eve of his inauguration last week. The former government ethics and presidential experts said the project was a “shameful” conflict, as Trump pledged to turn the United States into the world’s coding capital.

Trump has struggled with the media to create a social network approaching the one that was created by Facebook and Instagram, owned by Meta platforms; Or x, owned by Elon Musk. However, her status as “Mim Arrow” helped her to increase tens of millions since it was announced in the stock market last year.

The company, owned by the majority of Trump, intends to launch “multiple investment vehicles” according to its commercial brand, according to Wednesday’s announcement.

“The truth. Fi is a natural expansion of the social movement of the truth,” Divin Nunes, CEO of Trump Media. “We have started creating a free social media platform, and we added a high -speed television broadcast service, and now we move to investment products and decentralized financing.

“The development of the first American investment vehicles is another step towards our goal of creating a strong ecosystem through which American patriots can protect from the current threat of cancellation, control, violations and privacy committed by Big Tech and Woke.”