{"id":41547,"date":"2025-05-04T15:00:03","date_gmt":"2025-05-04T12:00:03","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=41547"},"modified":"2025-05-04T14:41:20","modified_gmt":"2025-05-04T11:41:20","slug":"freight-technologies-memecoin-crypto-reserves","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/freight-technologies-memecoin-crypto-reserves\/","title":{"rendered":"Freight Technologies Chooses Political Token Over Bitcoin for Crypto Reserves"},"content":{"rendered":"<p class=\"\" data-start=\"183\" data-end=\"407\">While rivals like <strong data-start=\"201\" data-end=\"213\">Strategy<\/strong> and <strong data-start=\"218\" data-end=\"241\">Twenty One Ventures<\/strong> are leaning on <strong data-start=\"257\" data-end=\"268\">Bitcoin<\/strong> as their primary crypto reserve asset, <strong data-start=\"308\" data-end=\"332\">Freight Technologies<\/strong>, a small <strong data-start=\"342\" data-end=\"374\">Nasdaq-listed logistics firm<\/strong>, is making a bold political bet.<\/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-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/freight-technologies-memecoin-crypto-reserves\/#Freight_Technologies_Picks_Trump_Token_for_Its_Digital_Treasury\" title=\"Freight Technologies Picks Trump Token for Its Digital Treasury\">Freight Technologies Picks Trump Token for Its Digital Treasury<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/freight-technologies-memecoin-crypto-reserves\/#Why_the_Trump_Token\" title=\"Why the Trump Token?\">Why the Trump Token?<\/a><\/li><\/ul><\/nav><\/div>\n<h3 class=\"\" data-start=\"409\" data-end=\"480\"><span class=\"ez-toc-section\" id=\"Freight_Technologies_Picks_Trump_Token_for_Its_Digital_Treasury\"><\/span><strong data-start=\"413\" data-end=\"480\">Freight Technologies Picks Trump Token for Its Digital Treasury<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p class=\"\" data-start=\"482\" data-end=\"759\">Last week, <strong data-start=\"493\" data-end=\"517\">Freight Technologies<\/strong> <a href=\"https:\/\/fr8technologies.com\/press-release\/freight-technologies-secures-up-to-usd-20-million-to-create-an-official-trump-token-trump-treasury\/\" target=\"_blank\" rel=\"noopener\">announced<\/a> plans to invest a staggering <strong data-start=\"557\" data-end=\"572\">$20 million<\/strong> in <strong data-start=\"576\" data-end=\"585\">TRUMP<\/strong>, a <strong data-start=\"589\" data-end=\"601\">memecoin<\/strong> named after former U.S. President <strong data-start=\"636\" data-end=\"652\">Donald Trump<\/strong>. The market reacted swiftly\u2014shares of the Houston-based company surged <strong data-start=\"724\" data-end=\"731\">75%<\/strong> following the announcement.<\/p>\n<p class=\"\" data-start=\"761\" data-end=\"1062\">Though a relatively minor player in the logistics space, <strong data-start=\"818\" data-end=\"829\">Freight<\/strong> said the investment is part of a broader <strong data-start=\"871\" data-end=\"906\">digital asset treasury strategy<\/strong>. The firm noted that funding was secured through <strong data-start=\"956\" data-end=\"977\">convertible notes<\/strong>, and that the <strong data-start=\"992\" data-end=\"1007\">TRUMP token<\/strong> would become a <strong data-start=\"1023\" data-end=\"1038\">cornerstone<\/strong> of its crypto reserves.<\/p>\n<p class=\"\" data-start=\"1064\" data-end=\"1242\">The move came just weeks after the company purchased <strong data-start=\"1117\" data-end=\"1153\">$5.2 million worth of FET tokens<\/strong> from <strong data-start=\"1159\" data-end=\"1171\">Fetch.ai<\/strong>, which reportedly grew to <strong data-start=\"1198\" data-end=\"1212\">$8 million<\/strong> in value by the end of April.<\/p>\n<p class=\"\" data-start=\"1244\" data-end=\"1433\">Freight&#8217;s stock, which trades on <strong data-start=\"1277\" data-end=\"1287\">Nasdaq<\/strong>, rose from <strong data-start=\"1299\" data-end=\"1319\">$0.95 to over $3<\/strong> on Friday before settling at around <strong data-start=\"1356\" data-end=\"1365\">$1.63<\/strong> in after-hours trading\u2014a remarkable <strong data-start=\"1402\" data-end=\"1414\">75% gain<\/strong> in just one month.<\/p>\n<p data-start=\"1244\" data-end=\"1433\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-41548 size-full\" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/05\/image-1.png\" alt=\"\" width=\"984\" height=\"472\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/05\/image-1.png 984w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/05\/image-1-300x144.png 300w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/05\/image-1-768x368.png 768w\" sizes=\"auto, (max-width: 984px) 100vw, 984px\" \/><\/p>\n<h3 class=\"\" data-start=\"1440\" data-end=\"1468\"><span class=\"ez-toc-section\" id=\"Why_the_Trump_Token\"><\/span><strong data-start=\"1444\" data-end=\"1468\">Why the Trump Token?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p class=\"\" data-start=\"1470\" data-end=\"1713\">CEO <strong data-start=\"1474\" data-end=\"1491\">Javier Selgas<\/strong> framed the decision as part of the company\u2019s push to <strong data-start=\"1545\" data-end=\"1580\">digitize cross-border logistics<\/strong> between the <strong data-start=\"1593\" data-end=\"1612\">U.S. and Mexico<\/strong>. He also positioned the move as consistent with Freight\u2019s support for &#8220;<strong data-start=\"1684\" data-end=\"1712\">fair and balanced trade.<\/strong>&#8220;<\/p>\n<p class=\"\" data-start=\"1715\" data-end=\"1870\">But the timing is notable. The announcement came just as the <strong data-start=\"1776\" data-end=\"1794\"><a href=\"https:\/\/coinengineer.net\/blog\/trump-is-determined-on-interest-rates-keeps-pressuring-the-fed\/\" target=\"_blank\" rel=\"noopener\">TRUMP<\/a> memecoin<\/strong> faced growing <strong data-start=\"1809\" data-end=\"1830\">national scrutiny<\/strong> and the threat of <strong data-start=\"1849\" data-end=\"1869\">legal challenges<\/strong>.<\/p>\n<p class=\"\" data-start=\"1872\" data-end=\"2116\">Last week, <strong data-start=\"1883\" data-end=\"1939\">Democratic Senators Elizabeth Warren and Adam Schiff<\/strong> demanded an <strong data-start=\"1952\" data-end=\"1976\">ethics investigation<\/strong> into President Trump\u2019s <strong data-start=\"2000\" data-end=\"2025\">exclusive gala dinner<\/strong> for the top <strong data-start=\"2038\" data-end=\"2065\">220 TRUMP token holders<\/strong>, calling it a case of &#8220;<strong data-start=\"2089\" data-end=\"2115\">pay-to-play privilege.<\/strong>&#8220;<\/p>\n<p class=\"\" data-start=\"2118\" data-end=\"2331\"><strong data-start=\"2118\" data-end=\"2142\">Freight Technologies<\/strong> made no mention of the gala or the <strong data-start=\"2178\" data-end=\"2197\">political risks<\/strong> surrounding the token in its press release. Instead, it highlighted the token\u2019s potential role in a <strong data-start=\"2298\" data-end=\"2330\">diversified crypto portfolio<\/strong>.<\/p>\n<p class=\"\" data-start=\"2333\" data-end=\"2595\">Still, <strong data-start=\"2340\" data-end=\"2353\">memecoins<\/strong> remain highly volatile. Earlier this year, the <strong data-start=\"2401\" data-end=\"2416\">TRUMP token<\/strong> reached a <strong data-start=\"2427\" data-end=\"2455\">market cap of $8 billion<\/strong>, only to lose over <strong data-start=\"2475\" data-end=\"2482\">75%<\/strong> of its value. After rebounding <strong data-start=\"2514\" data-end=\"2521\">60%<\/strong> on news of the gala, the token again dropped\u2014this time to around <strong data-start=\"2587\" data-end=\"2594\">$11<\/strong>.<\/p>\n<p><em>In the comment section, you can freely share your comments and\u00a0 opinions about the topic. Additionally, don\u2019 t forget to follow us on\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><strong>Telegram<\/strong>,\u00a0<\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><strong>YouTube<\/strong><\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Twitter<\/strong><\/a>\u00a0for 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>While rivals like Strategy and Twenty One Ventures are leaning on Bitcoin as their primary crypto reserve asset, Freight Technologies, a small Nasdaq-listed logistics firm, is making a bold political bet. Freight Technologies Picks Trump Token for Its Digital Treasury Last week, Freight Technologies announced plans to invest a staggering $20 million in TRUMP, a<\/p>\n","protected":false},"author":1,"featured_media":41549,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,2],"tags":[15235,9059],"class_list":["post-41547","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-news","tag-freight-technologies","tag-trump-token"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Freight Technologies Chooses Political Token Over Bitcoin for Crypto Reserves - 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\/freight-technologies-memecoin-crypto-reserves\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Freight Technologies Chooses Political Token Over Bitcoin for Crypto Reserves - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"While rivals like Strategy and Twenty One Ventures are leaning on Bitcoin as their primary crypto reserve asset, Freight Technologies, a small Nasdaq-listed logistics firm, is making a bold political bet. 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