Truth Social, the social media platform founded by US President Donald Trump, announced on Thursday that it is launching a utility token for its new Patriot Package loyalty rewards program. According to an official announcement posted on Truth Social,

The pivot to crypto highlights the reality of Truth Social, one of President Trump’s highest-profile business interests: It doesn’t generate much revenue.

Trump Media & Technology Group Corp. is plowing deeper into the cryptocurrencies space with a new filing for an exchange-traded fund that would hold a number of digital assets including Bitcoin, Ether,