Trump Media And Technology Group (DJT) Announces FinTech Brand Truth.Fi With Initial Capitalization Of Up To $250 Million

In what is a critically-needed diversification step, Trump Media and Technology Group (DJT), the parent entity of the Truth Social playform as well as the Truth Plus content streaming service, has just announced its entry in the FinTech space. $DJT - TRUMP MEDIA & TECHNOLOGY: LAUNCH OF FINANCIAL SERVICES AND FINTECH BRAND https://t.co/x1QZkfCZ0K — *Walter Bloomberg (@DeItaone) January 29, 2025 To wit, Trump Media and Technology Group board has now approved the diversion of up to $250 million from its current reserve of around $700 million in cash and cash equivalents towards a diverse group of assets, to be custodied […]