Freight Technologies ➡️ Adoption of Meme Coin TRUMP as Treasury Asset, Invests US$20 Million🔔
⛔Freight Technologies Inc., a cross-border logistics transportation company, announced that they are offering US$20 million in stock to purchase the meme coin TRUMP
👉Specifically, Freight's press release explains why they will invest US$20 million in TRUMP. The report briefly discusses the company's interest in AI and Web3 development. As well as how Freight will manage this purchase.
📢“At the heart of our mission is the promotion of productive and active trade between the United States and Mexico. Mexico is the largest goods trading partner of the United States. We believe that the addition of the Official TRUMP token is an effective way to support fair, balanced, and free trade between Mexico and the US,” 📢claims CEO Javier Selgas.
➡️ It is difficult to make concrete claims, but Freight's behavior around the TRUMP deal seems unusual. Almost all their reasons for this purchase revolve around the trade relationship between the US and Mexico.
🔔 The company's press release briefly mentions TRUMP as “a very good way to diversify our crypto treasury,” but that is the only non-tariff reason.
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