#DonaldTrump continues his rapid progress in the crypto world. #TRUMP 's media company has decided to enter the financial sector and launch an institution called Truth Fi. The group is considering investing $250 million in various assets, including crypto ETFs, Bitcoin and other cryptocurrencies.
Donald Trump's media and technology group TMTG has decided to enter the financial services and financial technology sector. The company's board of directors has decided to establish a "fintech" company called Truth.Fi.
Collaboration with Charles Schwab
The new company will make its investments through US financial services giant Charles Schwab. The company, which has decided to invest up to $250 million; It will invest in Bitcoin and other cryptocurrencies and crypto ETFs. It was also announced that Truth.Fi's financial products and services will start this year.
About to step on the gas
The Trump family seems to have decided to continue its long-standing support for cryptocurrencies. The steps of the Trump Group, which will expand its crypto investments beyond World Liberty Financial, will be closely monitored in the coming period. The Trump family recently issued meme coins in the names of both Donald Trump and Melania Trump, and both tokens reached multi-billion dollar market caps within days. Following the news, Bitcoin traded at $101,700, while Trumpās DJT stock gained 15%.