President Trump's social media company may need approval from his administration as it moves forward with a financial services firm for "American patriots."
Trump Media & Technology said it applied for six trademarks on Thursday for the firm, named Truth.Fi. The trademarks cover the energy, manufacturing and bitcoin sectors, with two investment options — separately managed accounts and exchange-traded funds —for each. According to Axios, the bitcoin ETF is likely to draw attention due to Trump promoting cryptocurrency on the campaign trail and investing in it.
