Trump Media (TMTG) Files Trademark for ‘TruthFi’ Crypto Payment Platform
Trump Media & Expertise Group Corp. (Nasdaq: DJT) (TMTG) has filed to register logos for monetary merchandise underneath the brand new Reality.Fi model, signaling its entry into personalized exchange-traded funds (ETFs) and individually managed accounts (SMAs). Notably, the corporate plans to launch these funding autos later this yr.
The newly trademarked merchandise embrace Reality.Fi Made in America ETF, Reality.Fi Made in America SMA, Reality.Fi U.S. Vitality Independence ETF, Reality.Fi U.S. Vitality Independence SMA, Reality.Fi Bitcoin Plus ETF, and Reality.Fi Bitcoin Plus SMA.
Accordingly, these choices align with TMTG’s broader monetary providers and fintech technique, which features a deliberate $250 million funding custodied by Charles Schwab. The brokerage agency will collaborate with TMTG in growing the SMAs.
Trump Media Partnership with Yorkville Advisors
TMTG has additionally signed agreements with an affiliate of Yorkville Advisors, which can function the Registered Funding Advisor for the brand new monetary autos, pending vital approvals.
Notedly, Yorkville will play a key position in structuring the merchandise and guiding them by means of the regulatory course of, in accordance with the announcement.
TMTG CEO and Chairman Devin Nunes emphasised the agency’s funding focus, stating, “We intention to present traders a way to put money into American vitality, manufacturing, and different corporations that present a aggressive various to the woke funds and debanking issues that you just 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 assist for the initiative, including, “Yorkville is happy to take this subsequent necessary step with TMTG in its growth of America First funding autos. We drastically worth our place as a strategic monetary accomplice to TMTG and are proud to hitch with TMTG within the Reality.Fi motion.”
