Trump’s Truth Social Mulls Launch Token to Subscriptions In Latest Crypto Push

Truth Social, Social Media Platform owned by Trump Media & Technology Group (DJT), who is the majority -owned by US President Donald Trump, is considering launching a cryptocurrency.

“As part of our reward program, we explore the introduction of a tool token with a truth digital wallet that can originally be used to pay for Sandh+ subscription costs and later be applied to other products and services in truth ax,” the company said in a letter to its shareholders on Tuesday.

DJT hardly responded to the news; The share has fallen 0.52% in trading after hours.

The company is also investigating the launch of exchange -dealing funds (ETFs) that will combine shares with cryptocurrencies, repeated the letter.

Trump’s Entourage has released a PanoPly of crypto products over the years, including Memecoins, NFT collections and a defi protocol.

Read more: Trump Media wants to collaborate with Crypto.com on ETP issuing

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