Trump Media plans launch of 'utility token' and digital wallet tied to streaming service

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Trump Media plans launch of 'utility token' and digital wallet tied to streaming service

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Trump Media plans launch of 'utility token' and digital wallet tied to streaming service

^{Published on 2025-04-29 21:41:03 - Fortune}

President Donald Trump's publicly traded company has already signaled that it wants to dive into crypto.

The article from Fortune discusses Trump Media & Technology Group's (TMTG) launch of Truth Plus, a new streaming service, and their plans to introduce a utility token and digital wallet. TMTG, the parent company of Truth Social, aims to expand its offerings by integrating cryptocurrency into its ecosystem. The utility token will be used within the Truth Plus platform, and the digital wallet will allow users to manage their tokens. This move is seen as an attempt to diversify TMTG's revenue streams and engage its user base with new technological features. The article also mentions that these developments are part of a broader strategy to enhance the company's position in the competitive social media and streaming market.

Read the Full Fortune Article at:
[ https://fortune.com/crypto/2025/04/29/trump-media-tmtg-truth-plus-utility-token-digital-wallet/ ]