Trump Media’s Truth Social Spin-Off Plan: IPO Push to Fuel Crypto Ambitions
Trump Media’s Plan: IPO Push to Fuel Crypto Ambitions
In the fast-moving world of crypto and social media, big changes are brewing at Trump Media & Technology Group. The company behind Truth Social is eyeing a major move: spinning off its popular platform into a separate public company through an IPO. This step could free up resources to dive deeper into cryptocurrency projects. Let’s break down what this means and explore the latest crypto news shaking up the market.
Why Spin Off for an IPO?
Trump Media & Technology Group (ticker: DJT.US) wants to focus on its growing crypto business. By separating Truth Social, the company can create a new entity called SpinCo. This new company would go public by merging with Texas Ventures Acquisition III.
The plan builds on a merger deal from last December with energy fusion startup TAE Technologies, worth over $6 billion. If all goes well, Truth Social’s control would shift to this new setup, and Trump Media shareholders would get shares in SpinCo.
This isn’t just a restructure. Trump Media jumped into crypto in 2025 with its fintech brand, Truth.Fi. They offer crypto products and services. Plus, in late September, they launched a Bitcoin vault holding more than 11,500 BTC. Spinning off Truth Social lets them pour energy into these crypto goals without the social media side slowing them down.
- Key Benefits: More focus on crypto innovation.
- Shareholder Perks: Free shares in the new SpinCo.
- Market Impact: Could boost DJT stock and crypto hype tied to Trump brand.
Crypto Market Snapshot: Bitcoin Dips but Holds Strong
The crypto market saw some ups and downs recently. Bitcoin touched $70,000 briefly but pulled back 1.28% to $67,945.99. Ethereum fell 1.61% to $1,994.76. Despite volatility, experts say Bitcoin is consolidating between $60,000 and $70,000.
Bloomberg notes that global events like U.S.-Iran tensions haven’t shaken Bitcoin much. After an initial drop, BTC rebounded past pre-event levels. With less leverage in the market and lower retail hype, shocks have less punch now.
New Frontiers: Tokenized Pokémon Cards and Meme Funds
Innovation isn’t stopping. Meme Strategy, listed in Asia (02440.HK), launched the world’s first tokenized fund for Pokémon collectible cards. Open to pro investors, it uses the EVIDENT platform for digital shares.
The fund targets PSA 10 “Van Gogh Pikachu” cards – rare gems from a Pokémon and Van Gogh Museum collab. About 47,000 such cards exist, worth over $94 million total. The fund aims for 25% of them.
Why now? Collectibles are booming. The global market could hit $628 billion by 2031. Trading cards alone may grow from $14.7 billion in 2025 to $37.42 billion by 2034. Pokémon cards have jumped 30x in value over 20 years. High-end sales, like a $16.5 million Pikachu Illustrator, show the potential.
The setup is solid: Owned by RWA Labs, with museum-grade storage, insurance, and Big Four audits twice a year.
Big Bank Views: JPMorgan on Stablecoin Rules
JPMorgan CEO Jamie Dimon wants fair play for stablecoins. He likes blockchain progress but says yields on stablecoins should match bank deposit rules. If firms hold funds and pay interest, they act like banks – so follow bank regs like FDIC insurance and anti-money laundering.
Dimon suggests: OK rewards for transactions, but regulate holding interest like banks. U.S. Senate progress on crypto bills could shape this soon.
Prediction Markets Tumble on BSC
Not all news is up. BSC’s prediction markets took a hit. Daily volume dropped nearly 60% from $94 million to $38.3 million. Open interest fled, with over $94.6 million net outflow in three days. Total open interest now hovers at $57 million.
Platforms like Probable and Opinion saw the biggest losses. Traders, watch for recovery signals.
Bullish Calls from Tom Lee
Despite war jitters, Tom Lee of BitMine sees March gains. He predicts rises in stocks, MAG7 tech giants, software, and cryptos like BTC and ETH. BitMine keeps buying ETH weekly.
Bitcoin Network Drama: BIP-110 Sparks Debate
The first block with BIP-110 support hit Bitcoin, mined by Ocean pool. It aims to block non-financial junk data for a year via soft fork. Fans say it frees block space for money use and eases node runs.
Critics like Adam Back fear it breaks neutrality, favors some txs, and risks chain splits. Community divide grows.
IPO Buzz: PayPay Eyes Nasdaq
Japan’s top payment app PayPay (40% Binance Japan owner) plans a Nasdaq IPO. Raise up to $1.1B at $10B+ valuation. 55M shares at $17-20 each under ticker PAYP. Delayed by Middle East unrest, but 70M users strong.
U.S. Policy Shifts: CBDC Ban in Housing Bill
A new Senate bill bans Fed CBDCs until 2030. In the ’21st Century Pathway to Housing Act,’ it blocks direct or indirect CBDC issuance. Protects privacy for private dollar tokens. Big win for crypto fans.
Platform Updates: Pump.fun Goes Multi-Chain
Solana’s Pump.fun mobile app now trades rival tokens, WBTC, WETH, and more. No app-switching needed – seamless on-chain trades.
Vitalik on Ethereum Fixes
Vitalik Buterin warns of block-building centralization post-Glamsterdam. Proposes ‘Big FOCIL’ and encrypted mempools to keep it fair.
Legal Wins: Uniswap Beats Scam Token Suit
U.S. court dismissed claims against Uniswap. Developers not liable for third-party scams. Key ruling for DEXs.
Stablecoin News Round-Up
- Tether: Deloitte audits USAT reserves ($17.6M backing 17.5M tokens). U.S. comeback.
- Qivalis: 12 EU banks plan MiCA euro stablecoin H2 2024. 1:1 backed, 24/7 redemptions.
Solana Mobile Stack: Android Crypto Boost
Solana Mobile’s new stack for Android makers. Turns phones into asset platforms with wallets, staking, dApps. Revenue share for OEMs.
MicroStrategy Loads Up BTC
MicroStrategy bought 3,015 BTC last week for $204M (avg $67,700). Holdings now 720,737 BTC, total cost $54.77B (avg $75,985).
What’s Next for Trump Media and Crypto?
The
Stay tuned – crypto evolves daily. Will this pivot supercharge adoption? Share your thoughts below!
Keywords: Trump Media Truth Social IPO, crypto spin-off, Bitcoin vault, Truth.Fi, DJT stock