Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Trump Media Wants to Launch Cryptocurrency Service TruthFi

Trump Media Wants to Launch Cryptocurrency Service TruthFi

HappyCoinNewsHappyCoinNews2024/11/23 04:22
By:HappyCoinNews

Trump Media and Technology Group (TMTG) filed a a trademark application for a cryptocurrency payment service called TruthFi.

The application text states that the platform will focus on cryptocurrency payments, financial transaction management, digital asset trading, and providing capital custody services.

Experts say the move is an attempt by Trump Media to diversify its business beyond Truth Social, a social media platform that relies on Trump regularly posting messages to his most loyal supporters.

Washington-based trademark analyst Josh Gerben emphasized that the filing is a way for Trump Media to reserve the TruthFi name in case the cryptocurrency business continues to expand.

In his opinion, most often companies reserve names for several years, but in most cases they use them immediately after receiving the appropriate approval.

Earlier it became known that TMTG began negotiations to purchase all shares of the cryptocurrency platform Bakkt . Apparently, the company's management intends to get the maximum benefit from the crypto industry, which, however, is not surprising, given the character of US President Donald Trump himself.

EN @happycoinnews
EN @happycoinnews_en
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Web3 ai Could Lead 2025’s Best Cryptos With 1,747% ROI, Outshining Toncoin & Chainlink’s Performance

Toncoin (TON) and Chainlink (LINK) show strong market positions, but Web3 ai’s AI-driven platform and sub-$0.001 price point may offer greater potential for exponential growth.Toncoin (TON): Leveraging Telegram’s Ecosystem for GrowthChainlink (LINK): Technical Indicators Point to Potential BreakoutWeb3 ai: Affordable Entry with AI-Driven Security ToolsClosing Thought

Coinomedia2025/05/24 23:40
Web3 ai Could Lead 2025’s Best Cryptos With 1,747% ROI, Outshining Toncoin & Chainlink’s Performance

Ethereum Set to Soar Past $4,000 Again

Ethereum eyes a comeback above $4,000 with a projected 55% surge amid rising market optimism.What’s Driving the Ethereum Rally?Could Ethereum Break Past Its All-Time High?

Coinomedia2025/05/24 23:40
Ethereum Set to Soar Past $4,000 Again

Lark Davis: Best Time to Make Money in Crypto

Crypto analyst Lark Davis says this is the best time to make money in crypto. Here’s why you should pay attention now.Why This Window Matters So MuchHow to Lock In for Maximum Gains

Coinomedia2025/05/24 23:40
Lark Davis: Best Time to Make Money in Crypto

Top Rated Cryptos to Buy in 2025: BlockDAG, Tron, Polygon, and Polkadot Line Up Ahead of Q3 Shift

Explore the top rated cryptos to buy in 2025, featuring BlockDAG’s limited-time 'Double Your BDAG' offer, and why Tron, Polygon, and Polkadot are gaining strong attention this year1. BlockDAG (BDAG)2. Tron (TRX)3. Polygon (MATIC)4. Polkadot (DOT)Closing View on Key 2025 Contenders

Coinomedia2025/05/24 23:40
Top Rated Cryptos to Buy in 2025: BlockDAG, Tron, Polygon, and Polkadot Line Up Ahead of Q3 Shift