Freight Technologies (FRGT), a small U.S.-Mexico logistics firm, plans to invest up to $20 million in the Trump-themed cryptocurrency, $TRUMP . Despite its modest $4.8 million market cap
The company secured funding via a convertible note and has already allocated $1 million to acquire the token. This move follows its previous $8 million investment in AI-linked $FET tokens. FRGT aims to use crypto as a strategic asset to potentially influence U.S.-Mexico trade dynamics. While the $TRUMP token has surged in popularity, its political ties raise ethical concerns. FRGT’s bold step signals a growing intersection of crypto, politics, and international commerce