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Trump Media Board Votes to Advance Expansion Plans
DJTTrump Media & Technology Group Corp.(DJT) GlobeNewswire News Room·2025-02-21 13:30

Core Insights - The Board of Directors of Trump Media and Technology Group Corp. (TMTG) has approved the creation of a strategic acquisition fund to explore mergers, acquisitions, and partnerships [1][2] - TMTG aims to expand its presence in the America First Economy by partnering with other companies that can benefit from its technology and branding [2][3] - The company has launched its FinTech brand, Truth.Fi, which will include customized exchange-traded funds (ETFs) and separately managed accounts (SMAs), with an investment of up to $250 million to be managed by Charles Schwab [3][4] Company Overview - TMTG operates the social media platform Truth Social and the streaming service Truth+, focusing on free speech and family-friendly content [4] - The mission of TMTG is to counteract the perceived censorship by Big Tech and provide a platform for free expression [4]