Trump Media Expands into Crypto with Utility Token and ETFs

Trump Media Expands into Crypto with Utility Token and ETFs
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Trump Media and Technology Group (TMTG) is making a significant push into the cryptocurrency space, developing a utility token and digital wallet. This move has sparked ethical concerns over potential conflicts of interest involving former President Donald Trump. The company is also launching crypto-focused ETFs in partnership with Crypto.com and Yorkville America Digital.

  • TMTG is developing a utility token for use across its platforms, including Truth Social and Truth+.
  • The company is launching crypto-focused ETFs in partnership with Crypto.com and Yorkville America Digital.
  • Ethical concerns have been raised over former President Trump's involvement in crypto, including the TRUMP meme coin.
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