Fr8Tech Invests $1M in Trump Tokens to Back Trade and Treasury

Fr8Tech has invested in Trump tokens via a $20M note, starting with $1M in initial deployment. CEO links the move to U.S.–Mexico trade strategy and crypto diversification. TRUMP hovers below key Fib levels; RSI signals oversold conditions near $13. Freight Technologies, Inc., a logistics management innovation firm, has officially announced its decision to purchase Official Trump (TRUMP) tokens as part of a $20 million convertible note agreement with an institutional investor. According to the press release , this move marks one of the first times a publicly listed US company has incorporated the controversial meme coin into its digital asset treasury. Fr8Tech’s Investment Strategy and Rationale Fr8Tech plans to initially deploy $1 million in capital for the purchase of TRUMP, with the remaining $19 million subject to drawdowns upon fulfilling certain criteria. CEO Javier Selgas tied the TRUMP investment to the company’s broader mission of strengthening US-Mexico trade. He added that the Trump token offers an innovative way to advocate for “fair, balanced, and free trade” while diversifying the firm’s crypto portfolio. This announcement com… The post Fr8Tech Invests $1M in Trump Tokens to Back Trade and Treasury appeared first on Coin Edition .

Source: Coin Edition