{"id":36652,"date":"2025-02-15T14:00:33","date_gmt":"2025-02-15T11:00:33","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=36652"},"modified":"2025-02-15T13:30:34","modified_gmt":"2025-02-15T10:30:34","slug":"trump-media-authorized-to-acquire-cryptocurrency-assets","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/trump-media-authorized-to-acquire-cryptocurrency-assets\/","title":{"rendered":"Trump Media Authorized to Acquire Cryptocurrency Assets"},"content":{"rendered":"<p>According to Bloomberg,<a href=\"https:\/\/coinengineer.net\/blog\/what-is-bluefin-blue-what-does-it-do\/\"><strong> Trump Media<\/strong><\/a> stated that its board of directors has granted authorization to <strong>acquire cryptocurrency assets<\/strong>.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/trump-media-authorized-to-acquire-cryptocurrency-assets\/#Trump_Media_Enters_the_Crypto_Market_Company_Authorized_to_Acquire_Crypto_Assets\" title=\"Trump Media Enters the Crypto Market: Company Authorized to Acquire Crypto Assets\">Trump Media Enters the Crypto Market: Company Authorized to Acquire Crypto Assets<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/trump-media-authorized-to-acquire-cryptocurrency-assets\/#Trump_Media_and_Cryptocurrency_Investments\" title=\"Trump Media and Cryptocurrency Investments\">Trump Media and Cryptocurrency Investments<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/trump-media-authorized-to-acquire-cryptocurrency-assets\/#Which_Crypto_Assets_Will_Trump_Media_Invest_In\" title=\"Which Crypto Assets Will Trump Media Invest In?\">Which Crypto Assets Will Trump Media Invest In?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/coinengineer.net\/blog\/trump-media-authorized-to-acquire-cryptocurrency-assets\/#Trump_and_the_Crypto_World\" title=\"Trump and the Crypto World\">Trump and the Crypto World<\/a><\/li><\/ul><\/nav><\/div>\n<h2 data-start=\"0\" data-end=\"87\"><span class=\"ez-toc-section\" id=\"Trump_Media_Enters_the_Crypto_Market_Company_Authorized_to_Acquire_Crypto_Assets\"><\/span>Trump Media Enters the Crypto Market: Company Authorized to Acquire Crypto Assets<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"89\" data-end=\"558\">One of the most significant recent developments in the world of finance and technology is the entry of <strong>Trump Media &amp; Technology Group (TMTG)<\/strong>, owned by Donald Trump, into the cryptocurrency sector. According to a recent report published by Bloomberg, Trump Media\u2019s board of directors has officially approved the addition of cryptocurrency assets to the company\u2019s treasury. This decision paves the way for Trump Media to make direct investments in the crypto ecosystem.<\/p>\n<h2 data-start=\"560\" data-end=\"612\"><span class=\"ez-toc-section\" id=\"Trump_Media_and_Cryptocurrency_Investments\"><\/span>Trump Media and Cryptocurrency Investments<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"614\" data-end=\"951\">Donald Trump has made various comments about cryptocurrencies in the past, sometimes expressing skepticism. However, in recent years, he appears to have developed a growing interest in the sector. Recognizing that a large portion of his supporters are engaged in the crypto space, Trump has decided to expand his ventures in this area.<\/p>\n<p data-start=\"953\" data-end=\"1306\">Trump\u2019s cryptocurrency project, <strong data-start=\"985\" data-end=\"1020\">World Liberty Financial (WLFI),<\/strong> has already been accumulating<strong> Bitcoin (BTC), Ethereum (ETH)<\/strong>, and several altcoins. Now, in addition to <strong>WLFI<\/strong>, Trump Media will also join the acquisition process. By diversifying its digital assets, the company aims to become an integral part of the rapidly expanding crypto ecosystem.<\/p>\n<h2 data-start=\"1308\" data-end=\"1365\"><span class=\"ez-toc-section\" id=\"Which_Crypto_Assets_Will_Trump_Media_Invest_In\"><\/span>Which Crypto Assets Will Trump Media Invest In?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"1367\" data-end=\"1659\">At this stage, it remains unclear which altcoins Trump Media will invest in. However, Trump-backed WLFI has previously accumulated <strong data-start=\"1498\" data-end=\"1579\">Bitcoin (BTC), Ethereum (ETH), TRON (TRX), Chainlink (LINK), and Aave (AAVE).<\/strong> This has led to speculation that Trump Media might build a similar portfolio.<\/p>\n<h2 data-start=\"1661\" data-end=\"1697\"><span class=\"ez-toc-section\" id=\"Trump_and_the_Crypto_World\"><\/span>Trump and the Crypto World<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"1699\" data-end=\"1993\">Although <strong>Donald Trump<\/strong> made negative remarks about cryptocurrencies in 2019, by 2024, his stance seems to have changed significantly. His launch of <strong>NFT collections<\/strong> and the recent shift of his companies toward direct crypto investments suggest that he may play a more active role in the sector.<\/p>\n<p data-start=\"1995\" data-end=\"2323\">This new move is expected to not only contribute to the growth of Trump Media but also have a broader impact on cryptocurrency markets. Given Trump\u2019s strong supporter base and political influence, his involvement in crypto is likely to generate reactions in both the traditional financial world and the digital asset industry.<\/p>\n<p data-start=\"2325\" data-end=\"2529\" data-is-last-node=\"\">In the coming days, all eyes will be on <strong>Trump Media\u2019s<\/strong> investment choices, its strategies in the sector, and how these moves will affect the market. Stay tuned for further updates on this developing story.<\/p>\n<hr \/>\n<p data-start=\"2325\" data-end=\"2529\" data-is-last-node=\"\"><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Telegram,\u00a0<\/strong><\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"nofollow noopener\"><strong>YouTube<\/strong><\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0<a title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to Bloomberg, Trump Media stated that its board of directors has granted authorization to acquire cryptocurrency assets. Trump Media Enters the Crypto Market: Company Authorized to Acquire Crypto Assets One of the most significant recent developments in the world of finance and technology is the entry of Trump Media &amp; Technology Group (TMTG), owned<\/p>\n","protected":false},"author":29,"featured_media":36653,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[1766,1730,1770,11738,11334,11053],"class_list":["post-36652","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-bitcoin-btc","tag-donald-trump","tag-ethereum-eth","tag-trump-media","tag-trump-media-technology-group-tmtg","tag-world-liberty-financial-wlfi"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Trump Media Authorized to Acquire Cryptocurrency Assets - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/trump-media-authorized-to-acquire-cryptocurrency-assets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump Media Authorized to Acquire Cryptocurrency Assets - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"According to Bloomberg, Trump Media stated that its board of directors has granted authorization to acquire cryptocurrency assets. 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