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Trump Technology Group officially disclosed the Truth Token plan, which may be used for platform payments and rewards.
According to reports, Trump Media & Technology Group (TMTG) has officially disclosed its plans for the Truth brand utility Token and digital Wallet in a recent filing with the SEC. As early as a few months ago, the company hinted at this concept in a letter to shareholders.
The document shows that the Token will be integrated into the Truth digital Wallet as part of a larger reward program, with initial use including payment for Truth+ subscription fees. As the project progresses, the Token may also be applicable to other products and services within the Truth ecosystem, suggesting that it will have broader use value across the entire platform in the future.
Although the document does not explicitly refer to it as a cryptocurrency, the wording suggests that it is likely built on blockchain infrastructure. This second quarter financial report marks the project's first appearance in public financial documents, showing that the Token has been regarded as a core component of Trump Media & Technology Group's crypto strategy.