Trump’s Media Empire Expands Into Crypto With Truth.Fi

Trump’s Media Empire Expands Into Crypto With Truth.Fi

Crypto
January 30, 2025 by newworldfinance
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The Trump Media and Technology Group (TMTG) is making a bold entry into the financial services and crypto space with the launch of Truth.Fi—a new platform designed to offer separately managed accounts, customized exchange-traded funds (ETFs), and cryptocurrency services.
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TLDR: Trump’s Media and Technology Group (TMTG) has launched Truth.Fi, a financial services and crypto platform aimed at countering financial censorship and expanding Trump’s influence in the digital asset space. This move, alongside the Trump-linked World Liberty Financial, signals a broader strategy to reshape U.S. crypto regulations and establish a politically-aligned financial ecosystem.

In a Jan. 29 announcement, TMTG CEO and White House official Devin Nunes positioned Truth.Fi as a safeguard against financial censorship, emphasizing that the platform could protect Americans from being debanked.

Nunes, who also serves as chairman of the President’s Intelligence Advisory Board, framed the initiative as part of a larger effort to provide alternatives to Big Tech-controlled financial services. The move reinforces Donald Trump’s pro-crypto stance, as his administration continues to reshape digital asset regulations in the U.S.

Trump’s Deepening Crypto Ties

The launch of Truth.Fi follows months of speculation that TMTG would expand into crypto, marking another significant development in the Trump family’s growing involvement in digital assets.

In September 2024, President Trump unveiled World Liberty Financial, a decentralized finance (DeFi) platform aimed at broadening access to crypto markets.

While the project drew mixed reactions at the time, on-chain data from Arkham Intelligence shows that World Liberty Financial has since accumulated over $394 million worth of crypto assets, including:

  • 62,000 ETH
  • 646 Wrapped Bitcoin (WBTC)
  • 19,000 Lido Staked Ether (STETH)

On Jan. 20, the day of Trump’s inauguration, the platform invested over $100 million into crypto, doubling down on its ETH and WBTC holdings.

Trump-Linked ENS Names Fuel Speculation

Beyond asset accumulation, World Liberty Financial has also secured multiple Ethereum Name Service (ENS) domains, including:

  • barrontrump.eth
  • erictrump.eth
  • trumpcoin.eth
  • worldliberty.eth

The acquisitions have fueled speculation that the Trump family may be planning to build projects on Ethereum. Ethereum co-founder Joe Lubin suggested that these holdings and ENS names indicate a potential long-term strategy for Trump-affiliated businesses in the digital asset space.

However, no official announcements have been made about additional Ethereum-based ventures at this time.

A New Era for Crypto Regulation?

The rapid expansion of Trump-linked financial ventures into crypto highlights a seismic shift in U.S. digital asset policy. With Trump now in office, his administration is prioritizing crypto-friendly regulations, pushing for an “America-first” digital asset strategy, and removing barriers to institutional crypto adoption.

As Truth.Fi rolls out its services, its success—or failure—could set the tone for the next chapter of crypto adoption in the U.S.

Parallel Financial System: Trump’s Crypto Play is About Building a Parallel Financial System, Not Just Adoption

While the launch of Truth.Fi appears to be a pro-crypto move, the deeper strategy is building an alternative financial ecosystem immune to traditional institutional control. By branding it as a safeguard against financial censorship, Trump is positioning crypto not just as an investment vehicle but as a political and economic tool for financial sovereignty—creating a system where those aligned with his ideology have access to uncensorable capital flows.

The acquisitions of Ethereum Name Service (ENS) domains like barrontrump.eth and trumpcoin.eth suggest a long-term vision that could involve Trump-backed digital assets, DeFi lending, or even a stablecoin tied to a political movement. This isn’t just about supporting crypto regulation—it’s about creating a parallel financial infrastructure that circumvents traditional banking and Big Tech-controlled financial services, potentially giving Trump and his allies direct leverage over digital economies.

If successful, Truth.Fi and World Liberty Financial could be the foundation of a politically-driven financial network, challenging the dominance of centralized financial institutions while reinforcing Trump’s broader vision of decentralized, ideology-driven economic systems.

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