Truth Media (TMTG) is stepping up its efforts to bring several exchange-traded mutual funds and separately managed accounts, including products focused on U.S. manufacturing, energy independence and bitcoin, to market under the new Truth.Fi brand.
This move follows Truth Media's launch of Truth. Fi last week after filing a trademark application last November. follows Truth Media's launch of Truth. Fi last week after filing a trademark application last November. The company also announced plans to redirect up to $250 million of its cash reserves into financial services, including #bitcoin , specialty ETFs and other cryptocurrency-related assets.
the company is also partnering with Charles Schwab, a leading US securities firm that manages more than $10 trillion in assets,
Trump Media CEO and White House press secretary Devin Nunes said the company's goal is to provide an alternative to wacky funds and address the debunking problem prevalent in the market. He said: We are looking at different ways to differentiate our products, including bitcoin-related strategies, Nunes said.
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