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Tue, April 22, 2025

Trump Media ventures into crypto with MAGA-aligned investment offerings

The article from Newsweek discusses Donald Trump's recent business ventures, focusing on his involvement with Trump Media & Technology Group (TMTG), which operates Truth Social, and his forays into cryptocurrency and finance. Trump has endorsed a new cryptocurrency called "TrumpCoin" and has been promoting it on Truth Social, leading to a surge in its value. Additionally, TMTG is exploring the possibility of launching an exchange-traded fund (ETF) that would invest in a basket of cryptocurrencies, aiming to capitalize on the growing interest in digital assets. The article also mentions Trump's past financial ventures, including Trump University and Trump Steaks, and notes the skepticism and regulatory scrutiny that often accompany his business endeavors.

Read the Full Newsweek Article at:
[ https://www.newsweek.com/trump-media-cryptocurrency-venture-etfs-2062927 ]