Trump Media & Technology Group May Spin Off Truth Social to Advance Cryptocurrency Business

Techub News reported, according to Cointelegrah, Trump Media & Technology Group is considering spinning off its flagship social media platform Truth Social for a public listing, a move that could make its cryptocurrency business a key development focus. The company announced it is in discussions with energy fusion startup TAE Technologies and blank-check company Texas Ventures Acquisition III regarding a potential transaction, with the latter set to take over the social media platform. These discussions are based on the group's over $6 billion merger agreement with TAE Technologies reached last December. Upon completion of the merger, Truth Social may be spun off into a new publicly traded company named SpinCo, which would subsequently merge with Texas Ventures Acquisition III. SpinCo shares will be distributed to Trump Media & Technology Group shareholders.

Trump Media & Technology Group entered the crypto space in 2025, establishing the fintech brand Truth.Fi to support its crypto products and services, and established a Bitcoin reserve vault holding over 11,500 Bitcoins in late September. The company has also submitted multiple cryptocurrency exchange-traded fund applications to U.S. regulators under the Truth Social brand, including a Bitcoin ETF.