No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Saturday, October 25, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Cryptocurrency

Trump Media Mulls Utility Token, Digital Wallet Launch

by TheAdviserMagazine
6 months ago
in Cryptocurrency
Reading Time: 3 mins read
A A
Trump Media Mulls Utility Token, Digital Wallet Launch
Share on FacebookShare on TwitterShare on LInkedIn


Join Our Telegram channel to stay up to date on breaking news coverage

Donald Trump’s Trump Media and Technology Group is considering expanding its crypto ambitions by introducing a utility token and digital wallet.

In an April 29 letter to shareholders, CEO Devin Nunes said the firm is exploring a Truth Social digital wallet where the token could be used for Truth+ subscriptions and other products within the Truth ecosystem. The token would also support a planned rewards program across the company’s services.

Trump Media’s crypto push also includes the development of “America first”-themed financial products such as ETFs (exchange-traded funds) and separately managed accounts (SMAs), with custody provided by Charles Schwab.

The company said in January that it would invest up to $250 million of its cash reserves in Bitcoin and other digital assets

The shareholders’ letter comes after Trump Media hinted at launching its own crypto payments offering in November last year, when it filed a trademark application with the US Patent and Trademark Office. 

In the filing, the company described a computer software designed to function as a digital wallet, enable digital asset trading, as well as process crypto payments on Truth.Fi.

🚨NEW: In a letter to shareholders, CEO of Trump Media @DevinNunes announced the platform is mulling launching a utility token for subscription payments and possible other future uses within the ‘Truth ecosphere.’ pic.twitter.com/Sq2a6TdBdi

— Eleanor Terrett (@EleanorTerrett) April 29, 2025

Trump Media Shares Bounce Back

Since going public on March 26 last year, Trump Media has seen its share price drop. Year-to-date, shares in the company are down over 26%, data from Google Finance shows.

In the last month, however, the stock price has surged more than 27%.

Related Articles:

Best Wallet – Diversify Your Crypto Portfolio

Best WalletBest Wallet

Easy to Use, Feature-Driven Crypto Wallet
Get Early Access to Upcoming Token ICOs
Multi-Chain, Multi-Wallet, Non-Custodial
Now On App Store, Google Play
Stake To Earn Native Token $BEST
250,000+ Monthly Active Users

Best WalletBest Wallet

Join Our Telegram channel to stay up to date on breaking news coverage





Source link

Tags: DigitallaunchmediaMullsTokenTrumputilityWallet
ShareTweetShare
Previous Post

SEC closes PayPal stablecoin probe, clearing regulatory hurdle for PYUSD

Next Post

Euro zone GDP Q1 2025

Related Posts

edit post
Custodia and Vantage Deliver Tokenization Directly Inside Everyday Banking Systems

Custodia and Vantage Deliver Tokenization Directly Inside Everyday Banking Systems

by TheAdviserMagazine
October 25, 2025
0

U.S. regional banks are charging into a new era of digital finance with a powerful blockchain breakthrough that merges traditional...

edit post
Bank of England Probes Data Mining Lending Fueling AI Bets

Bank of England Probes Data Mining Lending Fueling AI Bets

by TheAdviserMagazine
October 24, 2025
0

The Bank of England is investigating the rise of financiers lending to data centers as a way to speculate on...

edit post
Trump taps Michael Selig to lead CFTC: Bloomberg

Trump taps Michael Selig to lead CFTC: Bloomberg

by TheAdviserMagazine
October 24, 2025
0

Key Takeaways President Trump has appointed Michael Selig as the new chair of the CFTC, signaling a pro-crypto stance. The...

edit post
New Bitcoin Improvement Proposal Aims To Improve Privacy

New Bitcoin Improvement Proposal Aims To Improve Privacy

by TheAdviserMagazine
October 24, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A new Bitcoin Improvement Proposal titled “Chain...

edit post
U.S. CPI Comes In Lower Than Expectations, Bitcoin Rises

U.S. CPI Comes In Lower Than Expectations, Bitcoin Rises

by TheAdviserMagazine
October 24, 2025
0

The U.S. CPI inflation data came in below expectations, increasing the odds of two more rate cuts this year. Bitcoin...

edit post
If tokenized gold is just a “trust-me-bro” IOU, what’s really on-chain?

If tokenized gold is just a “trust-me-bro” IOU, what’s really on-chain?

by TheAdviserMagazine
October 24, 2025
0

We audit popular gold tokens against five trust tests, then compare them with BTC ETFs and native BTC settlement.Binance founder...

Next Post
edit post
Euro zone GDP Q1 2025

Euro zone GDP Q1 2025

edit post
Adidas warns tariffs will lead to higher costs on its U.S. products

Adidas warns tariffs will lead to higher costs on its U.S. products

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
Baby Boomers Are Flocking to This Florida Town — but Not for the Weather

Baby Boomers Are Flocking to This Florida Town — but Not for the Weather

October 9, 2025
edit post
Netafim for sale again – Globes

Netafim for sale again – Globes

0
edit post
Wall Street hits records following an encouraging update on inflation

Wall Street hits records following an encouraging update on inflation

0
edit post
Fall 2025 is a Sweet Spot For Investors

Fall 2025 is a Sweet Spot For Investors

0
edit post
US dollar makes modest weekly gain after soft inflation data

US dollar makes modest weekly gain after soft inflation data

0
edit post
Prospect Capital (PSEC) | Monthly Dividend Safety Analysis

Prospect Capital (PSEC) | Monthly Dividend Safety Analysis

0
edit post
Five key takeaways from Friday’s consumer price index report

Five key takeaways from Friday’s consumer price index report

0
edit post
US dollar makes modest weekly gain after soft inflation data

US dollar makes modest weekly gain after soft inflation data

October 25, 2025
edit post
Custodia and Vantage Deliver Tokenization Directly Inside Everyday Banking Systems

Custodia and Vantage Deliver Tokenization Directly Inside Everyday Banking Systems

October 25, 2025
edit post
Bank of England Probes Data Mining Lending Fueling AI Bets

Bank of England Probes Data Mining Lending Fueling AI Bets

October 24, 2025
edit post
Where We Go Next After NY Climate Week

Where We Go Next After NY Climate Week

October 24, 2025
edit post
Pentagon orders aircraft carrier to Latin America, boosting U.S. military buildup in the region

Pentagon orders aircraft carrier to Latin America, boosting U.S. military buildup in the region

October 24, 2025
edit post
Social Security COLA 2026: payments to go up 2.8% as inflation cools

Social Security COLA 2026: payments to go up 2.8% as inflation cools

October 24, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • US dollar makes modest weekly gain after soft inflation data
  • Custodia and Vantage Deliver Tokenization Directly Inside Everyday Banking Systems
  • Bank of England Probes Data Mining Lending Fueling AI Bets
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.