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Home»Altcoins»Nasdaq Listed Company, buys 1 million Trump tokens
Altcoins

Nasdaq Listed Company, buys 1 million Trump tokens

2025-05-02No Comments2 Mins Read
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Freight Technologies (Nasdaq: FRGT) has surprised both the logistics and crypto markets with an unconventional treasury place – investing millions in politics Trump Token (Trump). In a daring merger of politics and technology, the logistics company established in Houston has already promised $ 1 million, with a maximum of $ 20 million in total reserved by a convertible note agreement that has been signed April 29, 2025.

Trump -Tokens enter a domestic treasury

CEO Javier Selgas said The investment is in line with the FR8Tech mission for Optimize trade in the US – Mexico by advanced technology. He claims that Trump -Tokens reflect the ideals of “Free and honest trade”, Values ​​crucial for the logistics model of the company. FR8Tech’s flagship products—FR8App and Fr8Now-Iver AI to match carriers with carriers in real time.

“We see digital assets such as Trump and FET and both symbolic and practical aids for innovation,” Selgas said in a recent explanation.

Industry experts respond

Crypto analysts are divided. Some see this as one PR-driven gamble on a volatile memecoin, while others believe it is one Signal from mainstream token -experiments In the public sector.

“Although Risky, FR8Tech can be the curve for the use of Tokenized assets to coordinate branding, ideology and innovation of Treasury,” said Liam Harper, Blockchain strategist at DLT advisors.

The company has not announced the exact usefulness of Trump -Tokens in its ecosystem, but sources suggest potential integrations with Supply chain tokenization or User stimulation models.

  • Also read:
  • 37% of Donald Trump’s wealth comes from Crypto, claims SDDF report
  • “
See also  Canary Funds XRPC registers $58.5 million on first day of trading volume

What this means for public companies and web3

FR8Tech’s double bet on AI and political tokens could encourage other mid-cap companies to explore Alternative Treasury modelsespecially if Regulatory clarity improves In the US under the Trump government.

This approach can reform how companies Place itself ideologically While participating in the crypto ecosystem. If the strategy works, Trump and FET can act like Both speculative assets and strategic signals To investors, partners and users.

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