Trump Media considering crypto payment platform - NYT

seekingalpha2024-11-22

Trump Media & Technology Group (NASDAQ:DJT) has recently filed a trademark application with plans to establish a cryptocurrency payment platform.
A report in The New York Times said that the Nov. 18 application from the parent company of social media platform Truth Social is looking to trademark the name TRUTHFI.
Among the goods and services that would be offered by TRUTHFI, according to the application, are: cryptocurrency payment processing; credit and cash card payment processing services; card payment processing services; financial asset management; financial custody services such as maintaining possession of financial assets for others for financial management purposes; and trading in digital assets.
The Thursday development comes after a Nov. 18 report that Trump Media was interested in acquiring crypto trading venue Bakkt Holdings (BKKT).

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