Trump put $ 250 million in the Schwab account to buy some encryption

President Donald Trump, which is traded to the public, has accumulated a lot of money to the point that it offers $ 250 million in the Schwab account to purchase encryption. Wall Street was a very admirer entitled “Mobilization of the Arrow” $ 800 million after the morning announcement.

According to the press Release From Trump Media, the company puts $ 250 million in a Charles Schwab account for mediation to buy many securities. These include “Bitcoin, cryptocurrencies, or coding securities.”

The news also includes a scheme for a new Crypto website – Truth.fi, currently just a field name – it will be integrated into the Truth Social application in Trump.

The “Fi” field is from the higher level (TLD)- Symbol of the official field of Finland It is a common agreement for many web sites that support Metamask that allow visitors to exchange encryption.

Since Trump and his children were voicing supporters of such sites and boiled decentralized financing protocols (Defi) that enable Blockchain transactions, and it appears that news related to the social reality of Defi integration partially explains the excessive reaction.

Spray from encryption to pump stocks

In the pre -market session for this morning, DJT shares rose to 17 % higher than the closing printing on Tuesday. That imposed An increase of 800 million dollars in the market value overnight.

The price of DJT fluctuates inside the day amid other market factors, but it is still much higher than yesterday.

Donald Trump and his family launched many encryption projects, including NFT CollectionsMemecoins, Defi Project. Two of the latest distinguished symbol offers for the family, Trump and MelaniaWe are A decrease of 62 % and 82 % One of its highest levels at all times last week.