Trump Media Ventures Into Fintech With Truth.Fi Launch

The company behind Truth Social announces plans for investment products focused on 'American First' values, pending regulatory approval.

Trump Media & Technology Group (TMTG) announced Truth.Fi, a financial services arm offering customized investment vehicles, cryptocurrency options, and ETFs.
The company plans to invest up to $250 million in Truth.Fi, with Charles Schwab serving as the custodian for the funds, pending regulatory approvals.
Truth.Fi aims to focus on investments in American growth industries, manufacturing, and energy, aligning with its 'Patriot Economy' branding.
CEO Devin Nunes stated that Truth.Fi is an extension of TMTG’s mission to create a platform for conservatives, following Truth Social and Truth+, its streaming service.
The announcement has drawn scrutiny over potential conflicts of interest, particularly as President Trump continues to hold significant influence over the company.