Fr8Tech Secures $20M Funding for Trump Token Digital Strategy
Freight Technologies, Inc. (Fr8Tech) has announced a $20 million capital raise earmarked for strategic investments in digital assets, specifically targeting the Trump Token. The Houston-based logistics technology firm disclosed the funding arrangement on April 30, 2025, though details about the token’s underlying blockchain or exchange listings remain undisclosed.
The move signals growing institutional interest in politically-themed digital assets as election cycles increasingly intersect with crypto markets. Unlike typical memecoins, this initiative appears positioned at the intersection of campaign finance innovation and blockchain-based asset management.