Trump Media Reveals Truth Token and Wallet Plans in SEC Filing

2025-08-04 08:21:23

Main Idea

Trump Media has announced plans for a 'Truth Token' and wallet in an SEC filing, alongside pursuing crypto ETFs and holding $2B in Bitcoin-related assets, as part of its ecosystem expansion.

Key Points

1. Trump Media filed with the SEC to develop a 'Truth Token' and wallet, expanding its blockchain ecosystem.

2. The company holds $2 billion in Bitcoin and Bitcoin-related securities, ranking among the top public holders.

3. Trump Media's fintech division, Truth.Fi, has applied for several crypto ETFs, including Bitcoin, Ethereum, and a 'Crypto Blue Chip' index.

4. The crypto industry has donated over $26 million to Donald Trump this year, with major contributions from Blockchain.com, Marc Andreessen, Ben Horowitz, and others.

5. Trump's personal wealth includes significant holdings in Trump Media & Technology Group (TMTG) stock, valued at $2.2 billion out of his $6.6 billion fortune.

Description

Trump Media has formally outlined its intention to launch a Truth-branded utility token and digital wallet, according to a new filing with the U.S. Securities and Exchange Commission (SEC) . Key Takeaways: Trump Media plans to launch a Truth-branded token and digital wallet as part of a new rewards program. The token may see expanded use across the broader Truth ecosystem, signaling a deeper crypto push. The company is also pursuing crypto ETFs and holds $2B in Bitcoin-related assets. The disclo...

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