TMTG is partnership with the financial services giant Charles Shawab to increase adventure in the world of decentralized financing (Defi).
In new press releaseTMTG – The company is behind the social media platform and the video Preming Service+ – it says it cooperates with Charles Schwab to launch Truth.fi, a technical company with Crypto Services.
As a way to diversify the company’s reserves, the TMTG board approved an investment of $ 250 million to be warned by Charles Schwab, which can go towards investment vehicles, the money traded on the stock exchange (ETFS), separately managed accounts (SMAS), as well as Bitcoin (BTC And other digital assets, according to the press statement.
As mentioned by CEO of TMGT and Chairman David Nunez,
“The truth. Fi is a natural expansion of the social movement of the truth. We started creating a free social media platform, adding high -speed TV broadcast service, and now we move to investment products and decentralized financing.
The development of the first American investment vehicles is another step towards our goal of creating a strong ecosystem through which American patriots can protect from the current threat of cancellation, control, violations and privacy committed by great technology … “
Last year, Trump announced the launch of his Defi network – World Liberty Financial (WLFI) – as a way to help those deprived of banks.
Last week, it was found that WLFI became 0.1 % highest pregnant than Staked Ethereum (Steth) as the company deserves $ 33 million from the leading altcoin.
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