• Truth.Fi’s launch expands Trump Media’s reach into digital finance and crypto.
• Charles Schwab’s involvement boosts investor confidence in Truth.Fi’s future.
• DJT stock rises 10.4%, signaling strong investor interest in fintech expansion.

Trump Media & Technology Group (DJT), the parent company of Truth Social, has moved into financial services with the launch of Truth.Fi—a fintech platform focused on investment products, customized ETFs, and cryptocurrency exposure.

The company’s board has approved an investment of up to $250 million, directing funds toward separately managed accounts (SMAs), specialized ETFs, and Bitcoin (BTC) investments. 

The capital will be managed through Charles Schwab (SCHW), a major asset management firm. Schwab will oversee the capital allocation and provide strategic guidance on investment management and financial planning, positioning Truth.Fi to compete in the expanding digital finance market.

Related: Crypto Investment Firm Sees Value in Trump-Branded Digital Assets

With Truth Social’s strong user base, many of whom favor decentralized finance (DeFi) and alternative investments, Truth.Fi could cater to a politically…

The post Trump Media Expands Into Fintech With Truth.Fi, Eyes Crypto and ETFs appeared first on Coin Edition.

• Truth.Fi’s launch expands Trump Media’s reach into digital finance and crypto.
• Charles Schwab’s involvement boosts investor confidence in Truth.Fi’s future.
• DJT stock rises 10.4%, signaling strong investor interest in fintech expansion.

Trump Media & Technology Group (DJT), the parent company of Truth Social, has moved into financial services with the launch of Truth.Fi—a fintech platform focused on investment products, customized ETFs, and cryptocurrency exposure.

The company’s board has approved an investment of up to $250 million, directing funds toward separately managed accounts (SMAs), specialized ETFs, and Bitcoin (BTC) investments. 

The capital will be managed through Charles Schwab (SCHW), a major asset management firm. Schwab will oversee the capital allocation and provide strategic guidance on investment management and financial planning, positioning Truth.Fi to compete in the expanding digital finance market.

Related: Crypto Investment Firm Sees Value in Trump-Branded Digital Assets

With Truth Social’s strong user base, many of whom favor decentralized finance (DeFi) and alternative investments, Truth.Fi could cater to a politically…

The post Trump Media Expands Into Fintech With Truth.Fi, Eyes Crypto and ETFs appeared first on Coin Edition.