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The Guardian - US

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Callum Jones in New York

Trump Media announces plans to expand into crypto

Trump Media X Crypto Donald Trump Truth

a screen shows the word 'truth' — Share prices of Donald Trump’s media company are up. Photograph: Justin Lane/EPA

Donald Trump’s social media startup has announced plans to branch out into financial services including cryptocurrencies, drawing the president’s business empire further into crypto as his administration looks to boost the space.

Shares in Trump Media & Technology Group, owner of Trump’s Truth Social platform, jumped 15% during pre-market trading after it announced the launch of Truth.Fi, a financial technology brand Truth.Fi, in a brief statement.

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