Trump Media Expands into Crypto with Plans for TruthPlus Token and DeFi Platform
Trump Media and Technology Group, the company behind Truth Social and backed by former U.S. President Donald Trump, is making a strategic push into the cryptocurrency sector. CEO Devin Nunes announced on April 29 that the firm is developing a utility token, TruthPlus, alongside a dedicated digital wallet to facilitate transactions within its Truth+ video streaming platform.
The token will serve as a payment method for Truth+ subscriptions, with potential future applications across the broader Truth ecosystem. The initiative aims to create a seamless, blockchain-integrated experience for users, reinforcing Trump Media’s vision of a self-contained digital economy.