Golden Finance reports that Freight Technologies, Inc. (Nasdaq:FRGT), an innovative logistics management company, has announced that it has entered into a convertible note issuance agreement with an institutional investor signed on April 29, 2025, through which the company can obtain up to $20 million in funding. The funds raised from this financing will be specifically used to purchase the official Trump token, TRUMP, making Fr8Tech one of the first publicly traded companies to make TRUMP a core part of its digital asset strategy. Under this financing arrangement, the company plans to issue a total principal amount of $1 million in notes as the first phase, with the possibility of drawing up to an additional $19 million based on specific conditions. Following the recent acquisition of FET tokens (currently valued at approximately $8 million as of April 29, 2025), this transaction to purchase the official Trump token further advances Fr8Tech's strategy to build a diversified digital asset reserve.