Tiny Logistics Firm Bets Big on TRUMP Token to Sway U.S.-Mexico Trade Policy

Freight Technologies (FRGT), a small U.S.-Mexico logistics tech company with a market cap of just $4.8 million, has announced plans to invest up to $20 million in the Official Trump Token (TRUMP) in a bold attempt to influence cross-border trade policy. The firm says the move, funded through a convertible note, is part of its crypto treasury strategy aimed at supporting fair and free trade.

CEO Javier Selgas claims the investment aligns with Freight’s mission of promoting U.S.-Mexico commerce. The news briefly sent the company’s stock soaring 111% before falling 21.6% in after-hours trading.

Freight’s initiative comes amid political backlash, as Trump faces scrutiny for offering token holders access to private dinners — raising concerns about potential conflicts of interest.

Freight Technologies also holds $8 million in AI-linked FET tokens and sees its crypto holdings as strategic tools for both tech enhancement and geopolitical leverage.