Trump Media Plans Crypto Token and Wallet for Truth+ Subscribers
Trump Media & Technology Group (TMTG) is venturing into digital assets with plans to launch a utility token and digital wallet as part of its Truth+ rewards program. CEO Devin Nunes outlined the initiative in a shareholder letter, positioning the token as a payment method for subscriptions and future services within the Truth Social ecosystem.
While technical details remain undisclosed, the use of crypto-native terms like ’utility token’ suggests blockchain integration. The move follows TMTG’s March 2024 public listing and expands its competition with platforms like X (formerly Twitter) through web3 incentives for its user base.