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A Tiny Company Wants to Buy $20M TRUMP Token to Change U.S.-Mexico Trade Deals

Freight Technologies has announced plans to invest up to $20 million in the Official Trump Token (TRUMP) as part of a strategy to build its crypto treasury. The announcement sent the company’s shares soaring by over 111% during regular trading on Friday, though they fell by 21.6% in after-hours trading.

The move comes as Freight Technologies looks to stabilize its stock, which has declined nearly 90% over the past year. Given its deep ties to cross-border trade, the company may see this investment as a bold step to reinvigorate investor interest.

Sen. Jon Ossoff (D-Ga.) raised concerns on April 25, highlighting the Trump Token’s offer to top holders—an exclusive dinner with former President Trump—as a potential case of "selling access to the presidency."

Despite the controversy, Freight Technologies remains focused on its core mission: strengthening trade between the U.S. and Mexico. CEO Javier Selgas emphasized that Mexico is the United States’ top goods trading partner, both as a primary export destination and as the leading source of imports.

The company’s offerings include a suite of digital tools designed to modernize freight operations, from cross-border booking to comprehensive transportation management across North America.
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The son of the U.S. President, Eric Trump, announced at the Token2049 event last Thursday (May 1st) that the USD1 stablecoin from World Liberty Financial would be the official currency supporting MGX’s $2 billion investment in the cryptocurrency exchange Binance, according to reports.

In March of this year, Binance stated that it had made a deal with the Abu Dhabi-based tech investment firm.

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#SaylorBTCPurchase #BTCRebound #BinanceHODLerSTO $BTC $SOL $XRP

1. Second Political Setback Linked to Trump: For the second time in a week, voters in a key US ally country have rejected conservative candidates seen as aligned with or influenced by former President Donald Trump.

2. Australia’s Shift Leftward: Australian Prime Minister Anthony Albanese secured a major win, leading the center-left Labor Party to its largest electoral victory since 1946.

3. Unexpected Turnaround: The outcome was surprising given earlier political challenges and public opinion trends that had not strongly favored Albanese just months ago.
#EUPrivacyCoinBan #AppleCryptoUpdate #DigitalAssetBill $BTC $XRP $BNB

$USDC USD Coin (USDC) is a type of stablecoin that is pegged to the U.S. dollar on a 1:1 basis. It is issued by regulated financial institutions and managed by the Centre consortium, which includes companies like Circle and Coinbase. USDC is widely used in the cryptocurrency ecosystem for trading, payments, and DeFi applications because of its stability and transparency. Each USDC token is backed by dollar reserves or equivalent assets, which are regularly audited.

#EUPrivacyCoinBan
1. The EU's proposed ban on privacy coins like Monero and Zcash raises serious concerns about financial privacy and digital freedom.

2. While the goal is to combat money laundering, critics argue that banning privacy coins may infringe on individuals' rights to anonymous transactions.

3. The #EUPrivacyCoinBan could drive privacy-focused innovation outside the EU, weakening its position in the global crypto market.

4. Supporters of privacy coins say the ban misunderstands the technology and punishes legitimate users seeking financial security.

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Market Today | India’s largest public sector bank, SBI, reported a 10% decline in its standalone net profit for Q4 of FY25, posting ₹18,642.59 crore, compared to ₹20,698.35 crore in the same quarter last year.

➡️ Despite the drop in net profit, SBI’s operating profit for FY25 crossed ₹1 lakh crore, growing 17.89% year-on-year to ₹1,10,579 crore. For Q4FY25, operating profit rose 8.83% YoY#AppleCryptoUpdate #DigitalAssetBill #BTCRebound $BTC $ETH $XRP #BTCRebound

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The son of the President of the United States, Eric Trump, announced at the Token2049 event last Thursday (1st) that the stablecoin USD1, issued by World Liberty Financial, would be the official currency supporting MGX's $2 billion investment in cryptocurrency exchange Binance, according to reports.

In March of this year, Binance announced it had reached an agreement with the Abu Dhabi-based technology investment company.#BinanceHODLerSTO #BinanceHODLerSTO #DigitalAssetBill $BTC $SOL $BNB #SaylorBTCPurchase

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