Trump’s Media Empire Dives into Crypto, Boosting Shares

INSUBCONTINENT EXCLUSIVE:
11% pre-market stock surge in New York the next day.The firm, which operates Truth Social, aims to launch cryptocurrency-focused
exchange-traded funds through its Truth.Fi brand
Crypto.com, a platform with over 140 million users, supplies the technology, custody, and digital assets for these funds.Pending regulatory
approval, the companies expect a 2025 launch, with plans to reach markets in the United States , Europe, and Asia
Crypto, Boosting Shares
dismissing Bitcoin as a scam
He recently proposed a United States A Bold Move into Digital AssetsDigital Asset Stockpile, including Bitcoin and Ethereum, while launching
memecoins with First Lady Melania Trump
the news, though it lags its $0.9654 peak
The platform, founded in 2016, faced United States scrutiny in 2024 but gains credibility through this tie-up
of crypto and patriotic investments
Trump Media earlier allocated $250 million of its $700 million cash reserves to Truth.Fi, shifting from initial partners like Charles Schwab
to Crypto.com
opportunity.