Trump Media Group to Invest $250M in Crypto and Fintech

Trump Media Group, the company behind the social media platform Truth Social, has announced plans to invest up to $250 million in cryptocurrencies and other financial products through its new fintech brand, Truth.Fi. The company, which is chaired by former U.S. President Donald Trump, aims to create a robust ecosystem for American investors to protect themselves from the threats of cancellation, censorship, debanking, and privacy violations by big tech and woke corporations.

The investment strategy, approved by TMTG’s board of directors, will focus on American growth sectors, energy companies, and the Patriot Economy. Truth.Fi’s financial products are expected to launch in 2025, subject to regulatory approvals and final agreements.

Truth.Fi is a natural expansion of the Truth Social movement, which began with the creation of a free-speech social media platform and added an ultra-fast TV streaming service. The new fintech brand will focus on investment products and decentralized finance, offering customized separately managed accounts (SMAs) and customized exchange-traded funds (ETFs).

The company has secured Charles Schwab as its custody provider and financial advisor, with an affiliate of Yorkville Advisors serving as the Registered Investment Adviser. The funds will be allocated to separately managed accounts (SMAs), customized ETFs, and crypto-related assets.

Trump Media Group’s CEO, Devin Nunes, stated that the company’s goal is to create a robust ecosystem through which American patriots can protect themselves from the ever-present threat of cancellation, censorship, debanking, and privacy violations committed by big tech and woke corporations. The investment strategy will focus on American growth sectors, energy companies, and the Patriot Economy.