Trump Media & Technology Group Corp. Is Exploring the Possibility of Launching a Utility Token and Digital Wallet

After launching Price Volume in 24h Price 7d and $Melania as crypto memecoins, the Trump Truth Social platform is exploring the possibility of launching a utility token and digital wallet

Trump Media and Technology Group Corp. (NYSE: TMST) stock slid on Friday after the company announced in a shareholder letter that it is exploring the possibility of launching a utility token and digital wallet for subscriptions and rewards.

The company also announced a partnership with Crypto.com to launch ETFs (customized exchange-traded funds) as part of a financial platform called Truth.fi, introduced as a fresh brand for the company.

Trump Media & Public Group is making progress in its recovery as it celebrated the first anniversary of public trading in April.

The company's stock, known as DJT, showed little response, slipping just 0.40%. On the other hand, $Trump Coin saw a decline of 11% on the daily chart.

Trump's crypto-friendly policies are slowly showing results, and it will be interesting to see how a utility coin owned by the president's company performs after the initial success that $Melania and $Trump had as crypto memecoins.

Trump Media & Tech to Introduce Utility Token and Digital Wallet for Truth Social

Trump Media and Technology Group Corp (NYSE: TMST) is exploring the possibility of launching a utility token and digital wallet for subscriptions and rewards.

The company also announced a partnership with Crypto.com to launch ETFs (customized exchange-traded funds) as part of a financial platform called Truth.fi, introduced as a fresh brand for the company.

Trump Media & Public Group is making progress in its recovery as it celebrated the first anniversary of public trading in April.

The company's stock, known as DJT, showed little response, slipping just 0.40%. On the other hand, $Trump Coin saw a decline of 11% on the daily chart.

Trump's crypto-friendly policies are slowly showing results, and it will be interesting to see how a utility coin owned by the president's company performs after the initial success that $Melania and $Trump had as crypto memecoins.

Trump Media & Tech Stock Price Action: TMST stock traded down by 0.40% at $0.748 on Friday.

The company's stock, often followed by those interested in President Trump's ventures, has seen significant volatility in recent times.

$Trump Coin, a memecoin that emerged in December 2024 and is named after the former president, saw a drop of 11% in the past 24 hours, trading at $0.000021 at press time.

The memecoin shot up drastically in March after Trump announced his candidacy for the 2024 presidential election.

The company also announced partnerships with Group and Yorkville America Equities to develop customized separately managed accounts (SMAs).

"We continue to expand our offerings in the wealth management space with the launch of Truth.fi ETFs and customized SMAs," said company chairman and CEO, responding to the company's progress in shareholder letters.

"We believe these new products and services will provide even more value to our shareholders and loyal viewers."

Trump Media & Tech is focused on building a direct-to-consumer ecosystem of brands and products that will deliver engaging content and unique experiences.

The company's flagship property, Truth Social, continues to grow its user base and content offerings.

Earlier this year, Trump Media & Tech announced that it is expanding into new markets with the launch of Truth Social in Canada and Australia.

The company also announced plans to launch a streaming service called "TMTG+" later this year.

Trump Media & Tech is exploring new ways to generate revenue and expand its business.

The company's stock has been volatile in recent times but is showing signs of recovery.

The company also announced that it is exploring the possibility of launching a utility token and digital wallet for subscriptions and rewards.

The company's stock slid on Friday after the company announced in a shareholder letter that it is exploring the possibility of launching a utility token and digital wallet for subscriptions and rewards.

The company also announced a partnership with Crypto.com to launch ETFs (customized exchange-traded funds) as part of a financial platform called Truth.fi, introduced as a fresh brand for the company.

Trump Media & Public Group is making progress in its recovery as it celebrated the first anniversary of public trading in April.

The company's stock, known as DJT, showed little response, slipping just 0.40%. On the other hand, $Trump Coin saw a decline of 11% on the daily chart.

Trump's crypto-friendly policies are slowly showing results, and it will be interesting to see how a utility coin owned by the president's company performs after the initial success that $Melania and $Trump had as crypto memecoins.

Trump Media & Tech Stock Price Action: TMST stock traded down by 0.40% at $0.748 on Friday.

The company'