Trump launches the Fintech Media TRUTH.FI platform focus on encryption, traded investment boxes

Trump Media and Technology Group (DJT), the company that runs social media social network. Declare Wednesday, a financial services platform focuses on encryption and money for exchange.

The company’s board of directors has approved an investment of $ 250 million in the main asset manager Charles Shawab (SCHW). Money may be allocated for specialized accounts (SMAS), exchange money (ETFS), BTC (BTC), similar encrypted currencies or coding -related securities, according to presentation To the Securities and Stock Exchange Committee.

Charles Schwab will also be widely recommended on Truth.fi Investments and Fi Strategies, according to the press statement.

“The truth. Fi is a natural expansion of the social movement of the truth. Now we move to investment products and decentralized financing,” Trump’s CEO of Trump and Trump’s Board of Directors of Trump Devin Nunes said in a statement.

DJT shares 10.4 % higher on Wednesday after the news.

Truth.fi is the latest endeavor of Donald Trump companies of the digital asset. Trump and his family support the protocol protocol for decentralization (Defi) World Liberty Financial. Trump also launched “official” “official” at Solana a few days before his inauguration on January 20, which led to the speculation frenzy between encryption traders and the inconvenience of many encryption numbers.