Truth Social Explores Launching Utility Token for Subscription Payments

Trump Media & Technology Group (DJT) is considering launching a cryptocurrency as part of its rewards program. Key points include:

A utility token will be introduced with a Truth digital wallet, initially for Truth+ subscription payments.
The token may later be used for additional products and services within the Truth ecosystem.
DJT stock fell by 0.52% in after-hours trading following the announcement.
The company is exploring exchange-traded funds (ETFs) that combine equities with cryptocurrencies.
DJT has previously released various crypto products, including memecoins, NFTs, and a DeFi protocol.