Trump Media Mulls Utility Token, Digital Wallet Start

Donald Trump's Trump Media and Technology Group is considering expanding its cryptocurrency, introducing utility and digital wallet.

On April 29 letter to shareholdersCEO Devin Nunes said the company is investigating the social digital wallet of the truth, where it can be used in the truth ecosystem for truth+ orders and other products. Token would also support the planned prize program in the entire company services.

Trump Media's cryptocurrency also includes the development of “America First” financial products such as ETFs (ETFs (Swap Cleansed Funds) and Separate Accounts (SMA), which are arrested by Charles Schwab.

In January, the company announced that up to $ 250 million would invest in its cash reserves in Bitcoin and other digital assets

The letter of shareholders comes after Trump Media hinted at the launch of his cryptocurrency payment offer in November last year when he submitted a trademark application to the US patent and trademark office.

In the company, the company described a computer software designed to act as a digital wallet, allowing digital assets trading, as well as processing crypto payments in truth.fi.

🚨NEW: In the letter to shareholders, Trump Media CEO @Devinnunes Announced that the platform would launch a utility mark for order payments and otherwise used in the future to use the truth within the ecosphere of the truth. pic.twitter.com/sq2a6tdbdi

– Eleanor Terrett (@eleanortertrett) April 29, 2025

Trump Media shares bounce back

Since the publication of March 26 last year, Trump Media has seen a decline in the price of his share. The company's shares are over 26%for the year, Google Finance data exhibitionsTo.

However, over the last month, the share price has increased by more than 27%.

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