Shares jump 15% in pre-market trading after president’s social media startup announced launch of Truth.Fi
Donald Trump’s social media startup has announced plans to branch out into financial services including cryptocurrencies, drawing the president’s business empire further into crypto as his administration looks to boost the space.
Shares in Trump Media & Technology Group, owner of Trump’s Truth Social platform, jumped 15% during pre-market trading after it announced the launch of Truth.Fi, a financial technology brand Truth.Fi, in a brief statement.
More Stories
Sing when you’re winning: how karaoke in cars heralds the triumph of Chinese firms
iPhone design guru and OpenAI chief promise an AI device revolution
AI could account for nearly half of datacentre power usage ‘by end of year’