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Home»U.S.»Trump stands to gain $250 million after media company expands into financial services
U.S.

Trump stands to gain $250 million after media company expands into financial services

January 29, 2025No Comments2 Mins Read
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A week to the Presidency of Donald Trumpen, his billion-dollar social network company announced the dissemination of the financial services industry.

In collaboration with Charles Schwab, Trump Media & The technology team intends to invest $ 250 million in traditional investments, cryptocurrences and personalized funds in exchange.

The value of the Participation of the Trumpen majority grew more than $ 257 million over the heels of the advertisement.

President Donald Trump offers its policy at Las Vegas, 2025. January 25.

Mandel and / AFP

Trump Media’s investment arm will be called true.fi and this year they start throwing their products later, according to a SEC file. Investments “America’s growth, manufacturing and energy companies as well as investments that strengthen the economy of patriotism,” according to the archive.

Trump Media extends to financial services and cryptocurrentia to make the United States do the United States “Crypto planet capital” And the financial services industry restrictions facilitate the rules by cutting.

“It is another step developing in America’s first investment vehicles, if nationalists were not self-employed and protected from privacy violations and protect from the threat of privacy violations.” Trump media & Technology Group CEO Devin Nunes said on Wednesday.

Trump media shares rose by 8% after the advertisement. Trump’s majority participation – 114,750,000 shares stored unless confidently – now worth more than 3.7 billion.



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