Bitcoin
Bitcoin (BTC)
$82,439.00 -2.99823
Bitcoin price
Ethereum
Ethereum (ETH)
$1,787.65 -6.27281
Ethereum price
BNB
BNB (BNB)
$586.15 -3.70479
BNB price
Solana
Solana (SOL)
$118.39 -6.38383
Solana price
XRP
XRP (XRP)
$2.02 -5.49097
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.000012 -5.28731
Shiba Inu price
Pepe
Pepe (PEPE)
$0.000007 -8.9852
Pepe price
Bonk
Bonk (BONK)
$0.0000109 -13.26679
Bonk price
dogwifhat
dogwifhat (WIF)
$0.371822 -12.14969
dogwifhat price
Popcat
Popcat (POPCAT)
$0.161252 -15.41978
Popcat price
Bitcoin
Bitcoin (BTC)
$82,439.00 -2.99823
Bitcoin price
Ethereum
Ethereum (ETH)
$1,787.65 -6.27281
Ethereum price
BNB
BNB (BNB)
$586.15 -3.70479
BNB price
Solana
Solana (SOL)
$118.39 -6.38383
Solana price
XRP
XRP (XRP)
$2.02 -5.49097
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.000012 -5.28731
Shiba Inu price
Pepe
Pepe (PEPE)
$0.000007 -8.9852
Pepe price
Bonk
Bonk (BONK)
$0.0000109 -13.26679
Bonk price
dogwifhat
dogwifhat (WIF)
$0.371822 -12.14969
dogwifhat price
Popcat
Popcat (POPCAT)
$0.161252 -15.41978
Popcat price
Bitcoin
Bitcoin (BTC)
$82,439.00 -2.99823
Bitcoin price
Ethereum
Ethereum (ETH)
$1,787.65 -6.27281
Ethereum price
BNB
BNB (BNB)
$586.15 -3.70479
BNB price
Solana
Solana (SOL)
$118.39 -6.38383
Solana price
XRP
XRP (XRP)
$2.02 -5.49097
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.000012 -5.28731
Shiba Inu price
Pepe
Pepe (PEPE)
$0.000007 -8.9852
Pepe price
Bonk
Bonk (BONK)
$0.0000109 -13.26679
Bonk price
dogwifhat
dogwifhat (WIF)
$0.371822 -12.14969
dogwifhat price
Popcat
Popcat (POPCAT)
$0.161252 -15.41978
Popcat price
Bitcoin
Bitcoin (BTC)
$82,439.00 -2.99823
Bitcoin price
Ethereum
Ethereum (ETH)
$1,787.65 -6.27281
Ethereum price
BNB
BNB (BNB)
$586.15 -3.70479
BNB price
Solana
Solana (SOL)
$118.39 -6.38383
Solana price
XRP
XRP (XRP)
$2.02 -5.49097
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.000012 -5.28731
Shiba Inu price
Pepe
Pepe (PEPE)
$0.000007 -8.9852
Pepe price
Bonk
Bonk (BONK)
$0.0000109 -13.26679
Bonk price
dogwifhat
dogwifhat (WIF)
$0.371822 -12.14969
dogwifhat price
Popcat
Popcat (POPCAT)
$0.161252 -15.41978
Popcat price

Trump media to allocate $250m to crypto, fintech expansion

Jayson Derrick
Edited by
News
Trump media to allocate $250m to crypto, fintech expansion

President Donald Trump’s media firm has launched Truth.Fi to expand into financial services and cryptocurrency investments like Bitcoin.

Billionaire entrepreneur and two-time U.S. president Donald Trump has furthered his crypto ambitions by launching Truth.Fi through his media company, Trump Media & Technology Group.

A Jan. 29 press release said Truth.Fi will allocate up to $250 million of the firm’s $700 million cash reserves to diversify its balance sheet, as approved by the board.

According to the statement, the capital will target a swathe of investment options, including “Bitcoin and similar cryptocurrencies or crypto-related securities,” separately managed accounts or SMAs, and exchange-traded funds, AKA ETFs.

TMTG’s foray into financial services followed a trademark application filed last November. Trump’s company was reportedly considering the acquisition of Bakkt, a licensed crypto service provider. The U.S. president has also expressed support for the decentralized finance protocol World Liberty Financial.

Through Trump Media, which operates Truth Social, WLFI, two official Solana-based meme coins, and millions in digital assets, Trump is the first U.S. president to show ties to the cryptocurrency industry.

Crypto advocates believe his involvement could encourage a more favorable regulatory environment for digital asset businesses. Meanwhile, skeptics like Senator Elizabeth Warren have scrutinized Trump’s picks, including Howard Lutnick, over their ties to the crypto industry.