The Trump Media & Technology Group (TMTG), the parent company behind Truth Social, is preparing to raise $3 billion in capital to fuel a major push into the cryptocurrency space. According to insiders close to the project, the company will focus its investments on Bitcoin, blockchain infrastructure, and digital asset platforms that align with the Trump administration’s vision for U.S. financial independence.
The announcement comes at a time when President Trump has been touting cryptocurrency as a cornerstone of his new economic agenda, which includes efforts to “end the digital dollar” and block what he calls “woke banking systems.”
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“This isn’t just about crypto it’s about financial freedom,” Trump reportedly told a closed-door group of conservative investors. “We are going to take back control of the future of money from the globalists.”
The $3 billion raise would mark one of the largest crypto funding efforts by a political figure in U.S. history. TMTG executives say the funds will also be used to acquire smaller fintech startups and create a MAGA-branded crypto wallet for secure transactions on Truth Social and beyond.
While critics warn of volatility and potential financial risk, supporters see it as a bold step toward making the U.S. a leader in decentralized finance.
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