- TMTG is developing a number of Truth.Fi investment tools
- The company has registered several trademarks for ETFs and SMAs
- These include ETFs and SMAs for manufacturing, energy and cryptocurrencies
Trump Media and Technology Group Corp. seems set to make a big move, developing Truth.Fi investment vehicles as part of its America First strategy.
The company has registered a number of trademarks for future ETFs and SMAs to invest in U.S. industrials, energy, and cryptocurrencies, thereby helping to grow critical areas of the U.S. economy and generate profits.
More About TMTG’s Upcoming Developments
Trump Media and Technology Group Corp which operates Truth Social and video streaming platform Truth+ and aims to give a more sustainable and censorship-proof platform is now looking to achieve the same in the financial sector.
To this end, the company has registered several trademarks as part of its new Truth.Fi brand, namely:
- Truth.Fi Made in America ETF
- Truth.Fi Made in America SMA
- Truth.Fi U.S. Energy Independence ETF
- Truth.Fi U.S. Energy Independence SMA
- Truth.Fi Bitcoin Plus ETF
- Truth.Fi Bitcoin Plus SMA
TMTG CEO and Chairman Devin Nunes said:
“We aim to give investors a means to invest in American energy, manufacturing, and other firms that provide a competitive alternative to the woke funds and debanking problems that you find throughout the market. We’re exploring a range of ways to differentiate our products, including strategies related to bitcoin. We will continue to finetune our intended product suite to develop the optimal mix of offerings for investors who believe in America First principles.”
Its launch is a part of TMTG’s financial services and FinTech strategy that includes the investment of up to $250 million to be custodied by Charles Schwab, which will partner with TMTG to develop the SMAs. Also, Yorkville Advisors (“Yorkville”) will act as the Registered Investment Advisor for the new financial vehicles, playing a lead role in constructing the products and shepherding them through the regulatory process.
Yorkville President Mark Angelo said:
“Yorkville is pleased to take this next important step with TMTG in its development of America First investment vehicles. We greatly value our position as a strategic financial partner to TMTG and are proud to join with TMTG in the Truth.Fi movement.”
Conclusion
This is in line with Donald Trump’s broader America First national strategy, as well as his recent initiatives in the areas of emergency energy infrastructure, trade tariffs while raising US manufacturing, and regulatory reforms for the crypto industry.
It is interesting to see potentially constructive and promising initiatives being put forward amidst the drastic and risky ones. While these investment tools have yet to be launched, and much can still change in the process – the registration of the respective trademarks is pretty unambiguous in signaling the vector.
Be aware and stay tuned.
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