Truth Social, the social media platform owned by Trump Media & Technology Group, is exploring the launch of a cryptocurrency intended for subscription payments as part of a new rewards program. This utility token would integrate with a digital wallet, initially allowing users to pay for Truth+ subscriptions and potentially for other goods and services within the Truth ecosystem in the future. Additionally, the company is planning to introduce exchange-traded funds (ETFs) that combine both equities and cryptocurrencies. This move continues Trump's team's history of engaging with crypto, which has included the release of various products like memecoins and NFTs. Despite these developments, stock values for the company saw a slight decline of 0.52% in after-hours trading following this announcement.

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