According to DL News on August 3, the Trump Media & Technology Group (TMTG) has officially disclosed its plans for the Truth brand utility token and digital wallet in its latest filing with the U.S. Securities and Exchange Commission (SEC). Several months ago, the company first hinted at this concept in a letter to shareholders. The document indicates that the token will be part of a 'larger rewards program' integrated into the 'Truth digital wallet,' with initial uses including payment for Truth+ subscription fees. As the project progresses, the token may also be applicable to other products and services within the Truth ecosystem, suggesting that it will have broader utility across the entire platform in the future. Although the document does not explicitly refer to it as a 'cryptocurrency,' the wording implies that it is likely built on blockchain infrastructure. This second-quarter financial report marks the project's first appearance in public financial documents, showing that the token has been regarded as a core component of Trump Media & Technology Group's cryptocurrency strategy.

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