Trump launches a financial services platform, Truth.Fi, aimed at investment opportunities. Discover where the funds will be directed.

Trump's Truth Social is expanding beyond social media and plans to launch a financial services business that will invest up to $250 million in cryptocurrencies and other assets.

https://epravda.com.ua/rus/finances/truth-fi-kompaniya-trampa-zapuskaet-finansovyy-servis-dlya-investiciy-802632/2025-01-30 09:07:24

This is reported by the Financial Times.

Trump Media and Technology Group (TMTG), where Donald Trump is the majority shareholder, has announced the launch of the financial platform Truth.Fi.

It is noted that this initiative will allow investments in bitcoin, other cryptocurrencies, and traditional assets.

According to company representatives, Truth.Fi will focus on investments in rapidly growing American businesses, the manufacturing sector, energy, and other areas that will help strengthen the U.S. economy.

Additionally, the platform will offer separate managed account (SMA) services and will work with ETFs and digital assets. To achieve this, the company will collaborate with brokerage giant Charles Schwab Corp., which will advise it on investment strategies.

The announcement also states that following the launch of Truth.Fi, TMTG shares rose by 10%.

Reminder:

Donald Trump's social network (TMTG) is in talks to acquire Bakkt, a cryptocurrency trading platform, as it seeks to expand beyond online communication.

Shares of Trump Media & Technology Group increased after U.S. President-elect Donald Trump stated he had no intention of selling his stake in the company that owns his social network, Truth Social.