• Trump Media & Technology Group (NASDAQ:DJT) has recently filed a trademark application with plans to establish a cryptocurrency payment platform.
• A report in The New York Times said that the Nov. 18 application from the parent company of social media platform Truth Social is looking to trademark the name TRUTHFI.
• Among the goods and services that would be offered by TRUTHFI, according to the application, are: cryptocurrency payment processing; credit and cash card payment processing services; card payment processing services; financial asset management; financial custody services such as maintaining possession of financial assets for others for financial management purposes; and trading in digital assets.
• The Thursday development comes after a Nov. 18 report that Trump Media was interested in acquiring crypto trading venue Bakkt Holdings (BKKT).

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