President Donald Trump has launched the real media.

Billionaires and US President Donald Trump twice reinforced his ambitions to encrypt by launching the truth. Fi through his media company, Trump Media & Technology Group.

January 29 The Press Release Saile Truth.fi will allocate up to $ 250 million from the cash company reserves of $ 700 million to diversify its public budget, according to the Board of Directors.

According to the statement, the capital will target a set of investment options, including "Bitcoin and Cryptocurrency or Encrypted Securities", which are separately managed or SMAS accounts, and the money traded on the stock exchange, known as ETFS.

TMTG invaded in financial services followed the brand request foot Last November. According to Trump, Trump was considering getting Bakkt, a licensed encryption service provider. The US President also expressed his support for the Liberty Financial financing protocol.

Through Trump Media, which runs Truth Social, WLFI, two of Solana's formal currencies, and millions of digital assets, Trump is the first American president to present relations with encrypted currency industry.

Crypting advocates believe that his participation can encourage a more suitable organizational environment for digital asset companies. Meanwhile, skeptics like Senator Elizabeth Warren to examine Trump, including Howard Lootnick, chooses their relationships with the encryption industry.