Trump Media and Expertise Group (TMTG) is reportedly investigating new avenues in cryptocurrency and manufacturing. A Trump-related firm just lately introduced plans to launch a brand new model referred to as Fact.fi. It affords quite a lot of funding merchandise, together with funds traded on exchanges and individually managed accounts.
Submitted in November 2024 by Trump Media and Expertise Group, the guardian firm of social media platform Fact Social trademark Within the case of Fact.fi, it has indicated plans to increase into the cryptocurrency market by growing a buying and selling and fee platform.
TMTG CEO and Chairman Devin Nunes described the launch of Fact.fi as a pure advance from the corporate’s social media platform.
“We began by making a free speech social media platform, however now we’re shifting in the direction of funding merchandise and distributed finance (DEFI). The event of America’s first funding automobile is powerful and eco-friendly. It is one other step in the direction of our purpose of making a system,” Nunes mentioned.
President Donald Trump has been extraordinarily vocal about prioritizing American trade and monetary sovereignty. The launch of those American-themed ETFs and SMAs embody his imaginative and prescient.
TMTG Trademark Submitting
On February 6, 2025, Trump Media and Expertise Group submitted trademark functions to a number of funding merchandise beneath the Fact.fi model. These merchandise embrace Fact.fi Bitcoin Plus Etf, The Fact.fi Made in America Etf, and Fact.fi US Independence ETF. Every of those merchandise focuses on the cryptocurrency, manufacturing and vitality industries, respectively.
TMTG additionally applies for emblems of three SMAs, an funding portfolio managed for particular person or institutional traders. SMA is true.
The corporate works with monetary firm Charles Schwab to handle its funding merchandise. The corporate has invested $250 million on Fact.fi. Investments will probably be detained by Charles Schwab and allotted to quite a lot of ETFs, SMAs and digital belongings.
TMTG will work with Yorkville
TMTG has signed a service and licensing settlement with Yorkville Advisor associates relating to its funding product aspirations. Yorkville will function a registered funding advisor for the brand new monetary automobile. Product building and required regulatory processes are overseen by Yorkville.
“Yorkeville is taking this subsequent essential step in growing its first-investment automobile for TMTG. “Mark Angelo, president of Yorkville, mentioned: “
Following the announcement of Fact.fi, TMTG shares rose 15% in pre-market buying and selling. Regardless of its relationship with Donald Trump, the corporate’s true social media platform is way behind the X, owned by Meta Fb and Elon Musk when it comes to use and recognition.
