Nasdaq-Listed Fr8Tech Invests $1 Million in Politically Charged TRUMP Tokens

Fr8Tech, a Houston-based logistics firm listed on Nasdaq, has made waves by allocating $1 million to TRUMP tokens—a digital asset tied to political symbolism. The investment forms part of a broader convertible note agreement, signaling a rare corporate embrace of politically aligned cryptocurrencies.

CEO Selgas frames the move as strategic, linking the token’s purported ideals to Fr8Tech’s AI-driven logistics platform. "Digital assets like TRUMP represent both ideological alignment and technological innovation," he stated, drawing parallels to the company’s real-time freight matching systems.

Market reactions remain polarized. While some analysts applaud the novelty of treasury diversification into crypto, others question the long-term viability of politically themed tokens in corporate finance.