Trump Media Launches Acquisition Fund to Expand Beyond Tech

The company plans to explore mergers, partnerships, and acquisitions to grow its presence in the 'America First Economy.'

Trump Media & Technology Group (TMTG) has approved the creation of a strategic acquisition fund with select investors to pursue mergers and acquisitions.
The company aims to evolve into a holding entity with subsidiaries across various industries, focusing on participants in the 'America First Economy.'
TMTG's recent expansions include the launch of the Truth.Fi platform, which will feature ETFs, SMAs, and bitcoin investments in partnership with Charles Schwab.
The company is exploring potential acquisitions, with speculation surrounding the crypto exchange Bakkt, though no formal confirmation has been provided.
President Donald Trump owns a 52% stake in TMTG, which he transferred to a trust controlled by his son, Donald Trump Jr.