A trademark filing from Trump Media & Technology Group (NASDAQ:DJT) has the cryptocurrency sector on high alert. President-elect Donald Trump’s pro-crypto stance has already led to Bitcoin (CRYPTO: BTC) hitting several new all-time highs since the 2024 election.
What Happened: Fresh off of reports that Trump Media & Technology Group was looking to acquire cryptocurrency company Bakkt Holdings (NYSE:BKKT), a new trademark filing could further signal the media company’s growing crypto aspirations.
Trademark attorney Josh Gerben shared a post about Trump Media Thursday, shown as T Media Tech LLC on the patent filing, which trademarks “TruthFi.” The filing was made with the United States Patent and Trademark Office (USPTO) on Nov. 18, according to Gerben.
Gerben lists the following elements of the trademark filing for TruthFi:
- Digital wallets
- Analysis and compilation of data and statistics for financial research purposes
- Payment processing of cryptocurrency and credit cards
- Management of financial assets
- Digital asset trading
Benzinga has contacted Trump Media for comment …
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