Trump media has increased its share after the expansion of financial services including cryptocurrencies and ETFs

Trump Media and Technology Group It is announced on Wednesday that it is expanding to financial services including investment tools.

The fact that the stock company traded under the stock DJT jumped by more than 15 %.

According to the press release, the financial service department will be called Truth.Fi, which will start from the company's 250 million US dollars, and the company will take care of Charles Schwab. The money will allocate custom exchange trading funds and cryptocurrencies, as well as other investment tools.

The company said it was expected to launch products and services later this year, including its own investment tools.

“Truth.Fi is the natural expansion of the truth social movement. We first created a free voice social media platform, adding super fast TV streaming services, and now we are entering investment products and decentralized finances.” TMTG CEO CEO Executive Officer The chairman Devin Nunes is on the press release. “The development of the first investment tool for the United States is another step towards the goal of establishing a powerful ecosystem, that is, American patriots can protect themselves from canceling, reviewing, revoking and infringing the violations of large technology and Walker. , Cancel and privacy violations. “

This news was published after Republicans complained that the banks were unfair to some Conservative Party. In a distant appearance at the World Economic Forum held in Davos, Switzerland last week, Trump complained to the Bank of America, CEO Brian Moynihan, saying that the company is locking and and Exempting conservatives.

Trump said: “I hope you start to open banks to conservatives, because many conservatives complain that banks will not allow them to start business in the bank, including a place called Bank of America.”

President also took over Jamie Dimon, the largest chief executive of Bank of America JPMORGAN Chase, the United States.

Trump said, “You and Jamie and everyone, I hope you will open banks to conservatives because your job is wrong.”

This sentence continued to make a mess between Republicans and the largest banks in the United States. Last year, a group of states prosecutors appealed, claiming that these institutions were discriminated against customers based on religion and political affiliation. Bank officials have denied improper behavior.

In the cryptocurrency community, complaints about escaping are also common, and the community is consistent with Trump during the presidential campaign.

This is a sudden news. Please refresh the update.