A recent communication to stakeholders from Trump Media & Technology Group, the organization behind the social platform Truth Social, has revealed plans to investigate the creation of a proprietary digital token. This token, designed for use within a "Truth digital wallet," is envisioned to initially facilitate payments for "Truth+ subscription services," with potential future applications extending to a broader range of products and services within the Truth Social environment.
This development follows the company's prior moves into the fintech space. Notably, a trademark application for "Truth.Fi," submitted in late fall, outlined provisions for "downloadable software functioning as a digital wallet." This earlier filing hinted at the company's ambitions to integrate digital finance functionalities within its ecosystem.
The shareholder letter detailed that the token's rollout would be tied to a rewards program, aiming to incentivize user engagement and platform loyalty. This initiative emerges subsequent to Trump Media's formalizing a collaborative agreement with prominent cryptocurrency exchange Crypto.com, as well as asset management firm Yorkville America Digital. The partnership is geared towards launching a series of exchange-traded funds (ETFs) and related financial products under the Truth.Fi brand.
The Truth.Fi brand, officially established in early January, signifies the company's increased focus on the fintech sector.This expansion occurs amidst a backdrop where the former president, who retains a majority stake exceeding 50% in Trump Media, has actively engaged with various digital asset projects.
The trend of Trump-affiliated entities venturing into the cryptocurrency arena has shown considerable momentum. Beyond the ETF collaboration with Crypto.com, which emphasizes "Made in America" digital assets, members of the Trump family have aligned themselves with the decentralized finance (DeFi) project World Liberty Financial. The former president is also noted as serving in the role of "Chief Crypto Advocate" for this project.
"The potential success of a Trump Truth Social token rests on its ability to offer tangible, long-term value beyond initial speculation. In a crowded social-fi landscape, attracting and retaining users requires more than just brand recognition. It demands a robust ecosystem fueled by incentives like exclusive content, creator monetization, and unique token-based benefits, effectively bridging the gap between niche appeal and mainstream adoption." said Vincent Liu, CIO, Kronos Research
Furthermore, the "TRUMP" memecoin, which has seen its market capitalization surge to approximately $2.6 billion, has been publicly promoted by the former president since January. A recent announcement offering exclusive access to a dinner with the president for top token holders triggered a notable price and volume surge.
This offering has drawn criticism from political opponents and ethics watchdogs, who question the propriety of providing exclusive access based on memecoin holdings. Analysis from Chainalysis indicates that entities linked to the former president have generated substantial cryptocurrency profits from this memecoin.
Jeju police have arrested four individuals in connection with the fatal crypto-related robbery of a Chinese investor. This incident underscores the growing threat of violent attacks on crypto investors driven by the pursuit of digital assets.
CatherineA trader profited $6.8 million from leveraged Bitcoin and Ethereum longs, exiting soon after Trump confirmed a crypto reserve. The timing, with Ethereum longs placed minutes before the announcement, has sparked speculation.
KikyoThe UK Information Commissioner’s Office has launched an investigation into TikTok, Reddit, and Imgur to assess how they safeguard children’s privacy.
CatherineMarch 3, 2025 – AB DAO announced that $AB has been officially listed on Bitget (bitget.com) in the Innovation Zone and Web3 Zone, further expanding its global trading channels and accelerating AB’s adoption in the Web3 space.
Alex为庆祝 $AB 的上线，Bitget 联合 AB DAO 推出了 PoolX & CandyBomb 双重空投活动，覆盖 BGB、BTC、ETH 资产持有者以及充值和交易用户，数万名用户将有机会获得总计 235,502,000 $AB 的空投奖励，价值超过350万美元。
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Alex2025 年 3 月 3 日，Bitget Earn 正式上线 AB 理财宝，为用户提供高收益理财选择。即日起，申购 AB 理财宝产品，可享受高达 50% 年化利率，额度有限，先到先得！
AlexOn March 3, 2025, Bitget Earn officially launched AB Savings, offering users a high-yield investment option. Today, users can subscribe to AB Savings and enjoy up to 50% APY. Limited quota available—first come, first served!
AlexRonaldinho’s STAR10 token jumped 150% after he renounced ownership and locked tokens to boost security. Despite scam-related challenges, he acted swiftly to protect its legitimacy. However, under scrutiny over tokenomics and cybersecurity, STAR10 has since plunged 55%. Was it destined for success or failure?
CatherineKaitlyn Siragusa, known as Amouranth, recently reported an armed robbery at her Texas home, allegedly by crypto thieves. In November, she revealed owning 211 Bitcoin, worth over $20 million. Given her openness about her wealth, could this have made her a target for the heist?
Kikyo