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Fortune

Paolo Confino

Trump Media board approves an investment fund to explore acquisitions

TMTG Trump Media Donald Trump Donald Trump Jr. SEC Economy Truth Social Truth United States

President Donald Trump (Credit: Joe Raedle/Getty Images)

Trump Media will set up a fund with “select investors” to explore the possibility of mergers and acquisitions. Over the last year, the company developed a new streaming service and announced its plans to break into fintech.

The Trump Media & Technology Group (TMTG) board approved a new fund that will begin exploring possible mergers and acquisitions, according to a filing released Friday.

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