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Freight Technologies Plans $20 Million Investment in Trump Tokens

Solomon M. by Solomon M.
May 4, 2025
in Altcoin News
Key Points:
  • Fr8Tech announces $20M investment in Trump Tokens.
  • Initial $1M tranche to start investment.
  • Stock price volatility follows announcement.
freight-technologies-plans-20-million-investment-in-trump-tokens-2
Freight Technologies Plans $20 Million Investment in Trump Tokens

Freight Technologies Inc., a logistics technology firm, has announced plans to invest $20 million in Trump Tokens, with an initial tranche confirmed.

The investment introduces new dynamics in crypto treasury diversification and influences cross-border trade policy between the U.S. and Mexico.

Freight Technologies (FRGT) aims to diversify its crypto assets by investing up to $20 million in Trump Tokens. The firm, recognized for its logistics technology, focuses primarily on facilitating U.S.-Mexico trade. This strategic investment marks another step forward in integrating cryptocurrencies into its treasury.

Freight Technologies’ CEO, Javier Selgas, spearheads this initiative. He highlights Mexico’s role as the United States’ top trading partner as fundamental to their choice. The company’s USD $4.8 million market cap is positioned to leverage this investment in redefining cross-border trade solutions.

Javier Selgas, CEO of Freight Technologies, stated, “the addition of the Official Trump tokens is an excellent way to diversify our crypto treasury, and also an effective way to advocate for fair, balanced, and free trade between Mexico and the US.”

The initial announcement resulted in a 111% jump in share price, although this was soon followed by a 21.6% decline. This sharp fluctuation underscores the public’s mixed reception of the strategy. The TRUMP token also reflected this volatility, dropping 10% on May 3, 2025.

Financial implications are considerable, as the investment involves a $20 million convertible note facility. The initial $1 million tranche has been agreed upon. This reflects a broader trend among publicly listed companies investing substantially in digital assets.

Expert analysis suggests that this move could enhance Freight Technologies’ influence in policy discussions, leveraging its treasury approach and AI tools. Crypto investments like this could significantly impact regulatory dialogue and technological innovation within the logistics sector.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

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