Trump Media Partners with Charles Schwab for Crypto Venture Truth.Fi
- Trump Media and Technology Group (TMTG) is partnering with Charles Schwab to launch Truth.Fi, a fintech firm offering crypto services.
- TMTG has approved a $250 million investment to be managed by Charles Schwab, targeting ETFs, SMAs, Bitcoin, and other digital assets.
- Truth.Fi aims to expand the Truth Social movement into decentralized finance (DeFi) and investment products.
- World Liberty Financial (WLFI), another DeFi initiative by Trump, holds $33 million in staked Ethereum (stETH).
TMTG’s collaboration with Charles Schwab marks its entry into DeFi through the launch of Truth.Fi, backed by a significant $250 million investment.
Source (2.6)https://dailyhodl.com/2025/01/29/trump-media-partners-with-charles-schwab-in-new-crypto-venture-truth-fi/?rand=59076
