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    Trump Media Launches TruthFi with Charles Schwab, Plans $250 Million Investment in Bitcoin and Crypto

    Trump Media Launches TruthFi with Charles Schwab, Plans $250 Million Investment in Bitcoin and Crypto

    27 postsFintechMarketsTechCrypto

    Trump Media & Technology Group (TMTG) announced today the launch of TruthFi, a new financial services and fintech brand that will enter the field of decentralized finance. The company plans to invest $250 million—part of its over $700 million in cash reserves—into separately managed accounts (SMAs), exchange-traded funds (ETFs), Bitcoin, cryptocurrencies, and crypto-related securities. The SMAs will be developed in partnership with Charles Schwab Corp. (SCHW), whose stock rose 1.5% in pre-market trading following the news. TMTG's stock ($DJT) surged over 15% in pre-market trading after the announcement.

    Proposed Market

    Will Charles Schwab's stock (SCHW) increase by more than 10% by March 31, 2025?

    Will Charles Schwab's stock (SCHW) increase by more than 10% by March 31, 2025?

    3
    BitcoinSCHWTruthFiTMTG

    Description

    Stock market data from financial news outlets like Bloomberg or Yahoo Finance

    Market Options

    Yes50%
    No50%

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