BTCC / BTCC Square / Global Cryptocurrency /
Nasdaq-Listed Logistics Firm Allocates $20M to Trump-Themed Token

Nasdaq-Listed Logistics Firm Allocates $20M to Trump-Themed Token

Global Cryptocurrency
Release Time:
2025-05-03 11:21:01
0

Freight Technologies (Fr8Tech), a Nasdaq-listed logistics company, is making waves in the crypto space with an unconventional bet—a $20 million investment in the Official Trump (TRUMP) token. The move diverges sharply from corporate trends favoring established assets like Bitcoin or Ethereum.

The funding will be executed via convertible notes issued to an institutional investor, creating a dedicated crypto treasury for TRUMP. CEO Javier Selgas frames the decision as both a portfolio diversification play and a political statement supporting U.S. economic policies under a potential Trump administration.

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users