2 min read 
Trump Media and Technology Group (TMTG) is launching a new financial venture, Truth.Fi, with plans to invest up to $250 million in cryptocurrencies, exchange-traded funds (ETFs), and other financial assets.
TMTG, which operates the social media platform Truth Social, is now entering the fintech sector. Truth Social was introduced in 2021 after Donald Trump was removed from mainstream social media platforms. Now, the company is broadening its scope beyond social media and into digital investments.
According to a recent announcement, Truth.Fi will allocate funds to Bitcoin, various cryptocurrencies, and crypto-related securities. While ETFs are also part of the investment plan, the scope is expected to go beyond just crypto-focused funds.
The company currently holds more than $700 million in reserves. A portion of this—up to $250 million—has been approved by the board for investment through Truth.Fi. Given the influence Trump-linked ventures have had on digital asset markets, this move is expected to draw significant attention.
Strategic shift toward DeFi
Devin Nunes, CEO and Chairman of TMTG, described the new initiative as a logical progression. TMTG secured the Truth.Fi trademark in November, shortly after Donald Trump’s election victory. Initial speculation suggested the platform might include crypto payment and custody services. However, at launch, the focus remains on investment strategies.
The Trump-affiliated crypto space has been particularly active. The TRUMP meme coin continues to generate waves in the market, and a DeFi initiative tied to the Trump family—World Liberty Financial (WLFI)—has been aggressively expanding its portfolio.
Recently, WLFI acquired over $2 million in MOVE tokens, triggering a 15% price surge. The firm’s crypto holdings exceed $395 million, with Ethereum making up a significant portion of its assets.
Rumors have also circulated about TMTG’s interest in acquiring Bakkt, a well-known crypto custody and trading firm. While there has been no confirmation, industry observers are closely watching for further developments.
With Truth.Fi’s entry into the market, TMTG is making a clear push into digital finance. Whether through direct investments or broader financial services, the company’s influence in the crypto sector is expected to grow.
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