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Home Cryptocurrency

Trump Media to roll out utility token tied to platform expansion

Trump Media to roll out utility token tied to platform expansion
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Trump Media is launching a utility token for Fact Social and Fact+ companies.
TMTG will introduce new options for Fact Social tied to Fact+ subscriptions and plans to broaden into Canada and Mexico.

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Trump Media introduced plans in the present day to launch a utility token alongside a brand new Fact digital pockets, in keeping with a shareholder letter forward of its 2025 annual assembly.

The token will function a fee technique for Fact+ subscriptions, with future purposes deliberate throughout the Fact ecosystem.

To assist this effort, the Fact pockets and token might be built-in into Fact Social and Fact+, geared toward creating new income streams.

As well as, the corporate will introduce premium Fact Social options tied to Fact+ memberships, together with verification badges, edit performance, scheduled posts, expanded character counts, and longer video uploads.

The letter additionally highlighted TMTG’s enlargement of Fact+, its TV streaming service, into Canada and Mexico, whereas exploring promoting and premium content material subscriptions.

Past media, the corporate can be launching Fact.Fi, a monetary companies division providing America-First individually managed accounts and ETFs via partnerships with Index Applied sciences Group, Yorkville America Equities, and Crypto.com.

To fund these initiatives, the corporate plans to speculate as much as $250 million from its $777 million money reserves, together with investments in Bitcoin and crypto-related securities.

On the identical time, TMTG will proceed pursuing mergers and acquisitions whereas addressing alleged bare quick promoting of its DJT inventory and ongoing litigation in opposition to media shops.

TMTG confirmed its deliberate reincorporation in Florida, citing the state’s pro-business atmosphere as supporting its progress technique.

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