Trump Media and Technology Group (TMTG) is expanding its operations with a cryptocurrency wallet service called TruthFi. According to a report from the New York Times, TMTG has filed a trademark application for TruthFi, which is expected to offer cryptocurrency payments, financial asset management, and digital asset trading services. 📈

While there are no details on how it will operate or when it will launch, the move suggests that TMTG is looking to expand beyond its social network Truth Social. Trump Media shares rose nearly 2% following the filing, pushing the company's valuation to $6.5 billion. 💼

Meanwhile, Trump's other cryptocurrency project, World Liberty Financial, is struggling with WLFI token sales falling short of targets.