plans to issue a new cryptocurrency, which will be distributed among its shareholders.
The company, which operates President ‘s Truth Social platform, said the new token will be allocated to investors in a partnership with crypto exchange , according to a Wednesday. It is expected to operate on the Cronos blockchain, a network supported by Crypto.com.
The coin is the latest in a string of cryptocurrencies attached to Trump. , a decentralized finance project supported by the Trump family, operates the WLFI token and the USD1 stablecoin. …
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