TMTG announced its expansion into financial services and fintech amidst a backdrop of an administration favoring cryptocurency and digital financial technology innovation

Trump Media and Technology Group (TMTG) has announced the launch of its financial services and FinTech brand, Truth.Fi.

President Donald Trump's media and technology group (TMTG) is announcing a partnership with financial services giant Charles Schwab to further venture into the world of decentralized finance (DeFi).

Trump Media launches Truth.Fi, planning a $250M investment in fintech, ETFs, and Bitcoin as it expands into financial services.

Donald Trump’s social media venture, Trump Media & Technology Group (TMTG), has unveiled plans to expand into cryptocurrency and fintech services through a new brand dubbed Truth.Fi.

Truth Social parent Trump Media and Technology Group said on Wednesday its board of directors has approved the launch of a financial services and FinTech brand Truth.Fi, sending shares of the firm up over 11% in early trading.

This story incorporates reporting from Business Insider, Yahoo Finance, Finbold | Finance in Bold and Bloomberg L.P..Trump Media & Technology Group (TMTG) has announced its entry into the financial technology sector with the launch of a new brand,

The president’s company will launch a fintech and investment platform called Truth.Fi to invest in ETFs and crypto.

Trump Media, the parent of Truth Social, said in a press release that its board approved an investment of up to $250 million to be custodied by Charles Schwab.