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### Fr8Tech and Distinct Financial Moves
Freight Technologies (Nasdaq: FRGT) surprised the logistics and cryptocurrency markets with an unconventional investment decision—pouring millions of USD into the politically controversial Trump Token (TRUMP). The Houston-based logistics company has committed $1 million to this token, with a total investment of up to $20 million through a convertible note agreement dated April 29, 2025.
### Mission and Technology at Fr8Tech
CEO Javier Selgas stated that this investment aligns with Fr8Tech's mission to optimize trade between the U.S. and Mexico through advanced technology. The TRUMP Token reflects the ideals of 'free and fair trade', which are core values in the company's logistics model. Key products like Fr8App and Fr8Now leverage artificial intelligence to connect carriers with goods in real-time.
### Reactions from Experts
The cryptocurrency analysis community has differing opinions. Some view this as a PR stunt with a volatile 'memecoin', while others see it as a test signal for tokens in the public sector. Liam Harper, a blockchain strategist at DLT Advisors, stated, 'Despite the risks, Fr8Tech may be ahead in using tokenized assets to adjust branding, ideology, and financial innovation.'
### Implications for Public Enterprises and Web3
Fr8Tech's double bet on AI and political tokens could encourage mid-sized businesses to explore alternative financial models, especially as legal transparency in the U.S. improves under the Trump administration. This strategy could shape how businesses position their ideology while engaging in the cryptocurrency ecosystem.
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Source: https://tintucbitcoin.com/cong-ty-nasdaq-mua-1-trieu-trump-token-day-kich-tinh/
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