Trump Media files trademarks for Truth.Fi Bitcoin and energy ETFs
Trump Media and Know-how Group Corp., the operator of Fact Social and Fact+, introduced that it has utilized to trademark six funding merchandise beneath the brand new monetary companies model, Fact.Fi.
These merchandise embrace exchange-traded funds and individually managed accounts focusing on themes equivalent to American manufacturing, power independence, and Bitcoin (BTC) investments.
The precise logos filed are: Fact.Fi Made in America ETF, Fact.Fi Made in America SMA, Fact.Fi U.S. Vitality Independence ETF, Fact.Fi U.S. Vitality Independence SMA, Fact.Fi Bitcoin Plus ETF, and Fact.Fi Bitcoin Plus SMA.
‘Woke funds’
These initiatives are a part of TMTG’s technique to launch America First-themed funding automobiles, offering traders with choices aligned with American power and manufacturing.
TMTG additionally goals to supply publicity to companies that present alternate options to what it describes as “woke funds” prevalent available in the market.
The corporate plans to invest as much as $250 million, with custody companies supplied by Charles Schwab, which may even companion with TMTG in growing the individually managed accounts.
Moreover, TMTG has entered right into a companies and licensing settlement with an affiliate of Yorkville Advisors.
TMTG CEO and Chairman Devin Nunes acknowledged, “We goal to offer traders a way to spend money on American power, manufacturing, and different companies that present a aggressive different to the woke funds and debanking issues that you simply discover all through the market. We’re exploring a variety of how to distinguish our merchandise, together with methods associated to bitcoin.”
Yorkville President Mark Angelo expressed enthusiasm concerning the partnership, saying, “Yorkville is happy to take this subsequent essential step with TMTG in its growth of America First funding automobiles.”
Topic to essential approvals, Yorkville will act because the Registered Funding Advisor for the brand new monetary merchandise, main their development and guiding them by means of the regulatory course of.
