Trump Media could spin out Truth Social amid crypto push
Trump Media expanded into crypto in 2025 with its fintech brand Truth.Fi, creating a Bitcoin treasury, filing multiple crypto ETFs, and forming a partnership with Crypto.com.
Trump Media & Technology Group said it is considering spinning out its flagship social media platform, Truth Social, into a publicly traded company, a move that could see it prioritize its crypto ambitions.
The Donald Trump-founded company said on Friday that it is discussing the potential deal with energy fusion startup TAE Technologies and Texas Ventures Acquisition III, a blank check company that would take control of the social media platform.
The discussions build on Trump Media’s merger agreement with TAE Technologies in December in a deal worth more than $6 billion.
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