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According to Reuters, Yorkville America, the asset management company responsible for managing the Truth Social brand ETF under Trump, is nearing the completion of an acquisition deal aimed at further expanding its product line by acquiring an institutional asset management company. The deal is expected to be completed in September.Yorkville CEO Steve Neamtz stated that this acquisition will be an important step in the company's strategic expansion, pushing its business from the current product line focused on "America First" themed ETFs into a broader digital asset management field. Neamtz added that this marks Yorkville's first entry into the digital assets and cryptocurrency products sector, and the company has already submitted applications to launch approximately 12 additional ETFs in the coming weeks to months, covering various themes such as the digital economy and macro strategies.Meanwhile, Yorkville also announced the launch of the MANGOS Plus Index ETF, which will be listed on the New York Stock Exchange (NYSE) and NYSE Texas. This is Yorkville's first ETF not managed under the Truth Social brand, primarily betting on popular companies in the AI industry chain. The index tracked by this ETF includes companies such as Meta, Anthropic, NVIDIA, Alphabet, OpenAI, and SpaceX, while also incorporating AI concept stocks like Micron and SanDisk.

According to Bloomberg, Trump is being sued for planning to sell quick access to Truth Social posts.

Bitcoin.com published an article stating that the model of Web3 startups conducting corporate pilots by paying traditional financial institutions "is a dead end," with 95% of pilot projects failing to reach production environments. Web2 companies only want the idle venture capital and revenue sharing from startups, rather than their open-source innovations. The article argues that true defensiveness comes from a "structural moat"—compliance licenses, deep network liquidity, or distribution lock-ins that Web2 engineering teams cannot replicate.The article cites recent cases: Stripe was acquired for $1.1 billion after proving an annual cross-border transaction volume of $5 billion with Bridge, and Robinhood acquired Bitstamp for $200 million to gain 50 global regulatory licenses and institutional liquidity, rather than maintaining long-term vendor relationships. The article predicts that the next round of B2C expansion will present an 80/20 pattern: 80% of retail liquidity will be controlled by 3 to 5 Web2/fintech giants such as Visa, Stripe, Robinhood, PayPal, and BlackRock, providing compliance and fiat entry; 20% will be an unlicensed DeFi sandbox for validating initial product-market fit. The growth path for startups should be to first validate PMF in the DeFi sandbox, then integrate or sell to the few Web2 gateways controlling the 80% distribution layer. The article believes that the current protocol cancellations and wave of startup closures are part of a "necessary market cleanup."

According to FX News Group, the crypto platform Crypto.com and Trump Media & Technology Group Corp (NASDAQ: DJT) announced adjustments to their previously announced prediction market integration plan. The two parties will no longer develop a direct prediction market integration on Truth Social, but will instead shift to a marketing cooperation agreement to promote Crypto.com's prediction market products to the Truth Social user base.According to TMTG interim CEO Kevin McGurn, the company's strategic focus is on increasing revenue for Truth Social, continuing to expand its global media business, and completing the merger with TAE, and this marketing agreement aligns better with the company's priorities.It is reported that Crypto.com is actively expanding its product line beyond digital assets and has recently hired former OKX executive Iskandar Vanblarcum to lead its prediction market department.

According to CNBC, the Trump Media Group has officially launched the paid data service Truth API, providing customers with faster access to posts from Trump and other top accounts on the Truth Social platform. The service costs up to $100,000 per month and is primarily aimed at trading firms and enterprises.Trump Media's interim CEO Kevin McGurn stated that the Truth API is designed to provide institutions with "direct, licensed, real-time streams of the most market-impacting Truth posts." Trump's @realDonaldTrump account currently has 13 million followers, and some of his key policy decisions will be announced first on Truth Social.Before the service launched, U.S. Democratic Senators Adam Schiff and Elizabeth Warren had already written to the U.S. Securities and Exchange Commission, requesting an investigation into whether Trump Media violated the law.The two stated that the service could constitute using the presidential office for personal gain and harm ordinary investors and market integrity.Trump Media stated that Truth Social posts have already been able to influence the market, and the Truth API will drive the company's monetization of its own data assets through a high-margin, recurring revenue model.

U.S. Congressman Ritchie Torres has requested the U.S. Securities and Exchange Commission (SEC) to investigate whether the upcoming Truth API from Truth Social's parent company Trump Media & Technology Group (TMTG) violates federal securities laws, and to assess whether it involves issues such as market manipulation, investor protection, and conflicts of interest.According to previous reports, the Truth API will launch on August 1, providing paying customers with real-time data access to public posts from popular Truth Social accounts, with authorization fees reaching up to $100,000 per month.

According to Axios, Kevin McGurn, the interim CEO of Trump Media & Technology Group, stated that the company will launch a backend interface allowing financial services companies to pay for access to real-time data from Truth Social.McGurn mentioned that this is the company's first expansion of its media business into the data licensing field. The newly launched Truth API will provide customers with real-time access to content published by the top ten trending accounts on the platform.McGurn stated that customers willing to pay higher fees in the future will also gain access to more accounts' data. These accounts include important decision-makers who influence policy-making and geopolitical trends, such as former President Trump, the White House, FBI Director Kash Patel, White House Deputy Chief of Staff Dan Scavino, and U.S. Secretary of Health and Human Services Robert F. Kennedy Jr.

Investigative journalist Whitney Webb released a series of investigations about the origins and ambitions of Polymarket.She stated that the claim in Polymarket's official narrative that "Shayne Coplan founded the company alone in 2020 and started it in a bathroom" is not true; the origins of Polymarket can be traced back to the earlier company TokenBnk and has connections to Israeli-related crypto projects.Webb said that the first part of the series will outline Polymarket's early history and discuss its potential connections with Peter Thiel-related forces and DARPA's early prediction market projects.

According to token unlocking data from the crypto asset data platform RootData, Swarm Network (TRUTH) will unlock approximately 107.64 million tokens at 0:00 Beijing time on June 1, worth about 1.29 million USD.

Bloomberg ETF analyst James Seyffart revealed that Truth Social, the social platform owned by Trump, has withdrawn its application for a spot Bitcoin ETF. Seyffart stated that the reasoning given in the official press release "is not very reasonable." He pointed out that there are inherent differences in regulatory protections between 33 Act ETPs and 40 Act ETFs, which is common knowledge in the crypto ETF market, and "there are no new changes." He believes that a more likely reason is that competition in the spot Bitcoin ETF market has become extremely fierce, especially after Morgan Stanley launched its MSBT with a fee of only 14 basis points, further compressing market space.Seyffart also noted that Truth Social seems to still plan to launch a more flexible crypto-related ETF strategy and adopt a 40 Act fund structure. He stated, "Does the market really need a 14th spot Bitcoin ETF? But more differentiated products still make sense."

According to token unlocking data from the Crypto asset data platform RootData, Swarm Network (TRUTH) will unlock approximately 107.64 million tokens at 0:00 on May 1st, Beijing time, worth about 1.03 million USD.

According to token unlocking data from the Crypto asset data platform RootData, Swarm Network (TRUTH) will unlock approximately 107.64 million tokens at 0:00 Beijing time on April 1, worth about 1.02 million USD.

Trump Media & Technology Group has stated that it is considering spinning off its flagship social media platform, Truth Social, into a publicly traded company, a move that may prioritize its ambitions in the cryptocurrency space.The company announced on Friday that it is in discussions with energy fusion startup TAE Technologies and Texas Ventures Acquisition III regarding a potential deal that would control the Truth social media platform. This discussion builds on the merger agreement reached between Trump Media and TAE Technologies last December, which was valued at over $6 billion.Once the merger is completed, Truth Social may be spun off into a new publicly traded company called SpinCo, which would then merge with Texas Ventures III. Shares of SpinCo would also be distributed to shareholders of Trump Media. Trump Media & Technology Group is entering the cryptocurrency space in 2025, launching a fintech brand, Truth.Fi, to support its cryptocurrency products and services, and has also established a Bitcoin treasury in late September, holding over 11,500 Bitcoins.

According to Globenewswire, Trump Media Technology Group (TMTG) announced ongoing discussions with TAE Technologies and Texas Ventures Acquisition III Corp. regarding a potential transaction.Under the proposed plan, after the previously announced merger transaction between Trump Media Technology Group and TAE is completed, some businesses, including Truth Social, may be spun off into a new publicly traded company. After the transaction is completed, TAE's related businesses and some existing businesses and assets of Trump Media Technology Group will remain within the current publicly traded company entity.