BlockBeats News, March 2 — Trump Media & Technology Group announced that it is considering spinning off its flagship social media platform, Truth Social, into a publicly traded company. This move could prioritize its ambitions in the cryptocurrency sector. The company stated on Friday that it is in discussions with fusion energy startup TAE Technologies and Texas Ventures Acquisition III regarding a potential deal, with the latter taking control of Truth Social.
This discussion builds on a merger agreement reached between Trump Media and TAE Technologies in December last year, valued at over $6 billion. After the merger, Truth Social could be spun off into a new publicly traded company called SpinCo, which would then merge with Texas Ventures III. Shares of SpinCo will also be distributed to Trump Media’s shareholders.
Trump Media & Technology Group entered the cryptocurrency space in 2025, launching the fintech brand Truth.Fi to support its crypto products and services. In late September, it also established a Bitcoin treasury holding over 11,500 BTC.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Qitmeer Network Joins Kuvi AI for Democratization of Finance At Hedge Fund-Scale
Qitmeer Network has partnered with Kuvi AI to democratize hedge fund-level tools for everyday users through the Agentic Finance Operating System. This collaboration aims to enhance accessibility, allowing individual investors to manage capital with institutional sophistication within the DeFi landscape.
BlockChainReporter3m ago
Matterhorn Teams Up With ASI Alliance to Reinvent Safe DApp Development
Matterhorn, creator of the Artificial Intelligence (AI-native) vibecoding IDE for blockchain development, is pleased to announce its landmark collaboration with ASI Alliance to bring accessible, safety-first Decentralized Application (dApp) development to ASI: Chain. ASI Alliance consists of
BlockChainReporter1h ago
Tezos Expands Into Dubai and Singapore With New Ecosystem Entities
Tezos is expanding its presence in Dubai and Singapore by launching regional entities to enhance blockchain development. The new structures aim to support local projects and strengthen engagement, facilitated by the Tezos Patronage Association to ensure strategic alignment and autonomy.
CryptoNewsFlash7h ago
Circle Unveils Managed Services to Simplify Payments
Circle introduces Managed Services to simplify stablecoin adoption and reduce technical and compliance barriers.
CPN Managed Payments enables fiat-native access to USDC settlement through a single API integration model.
Growing demand for faster payments drives adoption, with stablecoin v
CryptoFrontNews8h ago
Trident Digital Tech 与 Ripple Strategy Holding 签署合作协议，拟在加纳推广 RLUSD 稳定币支付
Trident Digital Tech Holdings and Ripple Strategy Holding have signed a strategic cooperation agreement to launch a blockchain-based tax settlement system in Africa, support cross-border payments, and plan to begin a stablecoin business pilot in 2026.
GateNews9h ago
Taiwan’s industry-specific legislation is expected to pass this year! Rumor has it that four financial holding companies intend to acquire an exchange; MaiCoin and HOYA BIT are drawing attention
Taiwan’s crypto-specific regulatory framework will be implemented in 2026, and financial institutions will begin acquiring virtual asset service providers (VASPs). Financial holding groups such as Fubon and Federal Bank are actively positioning themselves, accelerating the integration of traditional finance and the crypto industry, while emerging platforms like HOYA BIT are competitive. The market expects that as regulations roll out, demand for virtual assets will increase significantly.
CryptoCity9h ago
