Trump Media Exploring Crypto Ecosystem: Utility Token & Digital Wallet in Development

Trump Media and Technology Group (TMTG), known for its social media platform Truth Social, is expanding its presence within the cryptocurrency sphere. The company is developing a utility token and a digital wallet, signaling an ambitious move to delve deeper into this emerging market. This development has sparked concerns about potential conflicts of interest regarding the president’s own crypto investments, which could pose challenges to his official duties.