President Donald Trump’s publicly traded media company is considering the launch of a “utility token” and “digital wallet,” according to a letter the company’s CEO and chairman Devin Nunes sent to shareholders on Tuesday. In the run up to an annual shareholder meeting on Wednesday for Trump Media & Technology Group (TMTG), Nunes wrote about the company’s expansion of products for “patriotic Americans,” including plans for its streaming service Truth+.
“As part of a rewards program, we’re exploring the introduction of a utility token within a Truth digital wallet that can initially be used to pay for Truth+ subscription costs, and later be applied to other products and services in the Truth ecosphere,” he said.
