Curated News
By: NewsRamp Editorial Staff
May 02, 2025
Freight Technologies, Inc. Invests in Official Trump Tokens to Strengthen U.S.–Mexico Commerce
TLDR
- Fr8Tech's convertible note agreement for up to $20 million with an institutional investor supports crypto treasury diversification, leveraging Trump Tokens for strategic advantage.
- Fr8Tech's convertible note agreement allows accessing funds up to $20 million to purchase Official Trump Tokens ($TRUMP) for digital asset diversification.
- Fr8Tech's mission to strengthen U.S.–Mexico commerce through diversified digital assets like $TRUMP contributes to balanced, tech-driven trade relationships for a better tomorrow.
- Fr8Tech's innovative $20 million convertible note agreement for Official Trump Tokens ($TRUMP) aligns with its broader digital asset diversification strategy, shaping the future of commerce.
Impact - Why it Matters
This news matters as it highlights Fr8Tech's strategic investment in digital assets to enhance trade relationships and optimize supply chain processes. The move showcases the company's forward-thinking approach to leveraging AI and machine learning in the logistics industry, ultimately aiming to improve operational efficiency and promote tech-driven trade partnerships.
Summary
Freight Technologies, Inc. (NASDAQ: FRGT) secures a $20 million convertible note agreement with an institutional investor to acquire Official Trump Tokens as part of its crypto treasury. CEO Javier Selgas emphasizes the move's alignment with the company's mission to bolster U.S.–Mexico commerce. The investment follows Fr8Tech's recent $8 million in FET tokens, showcasing its commitment to digital asset diversification.
Source Statement
This curated news summary relied on this press release disributed by InvestorBrandNetwork (IBN). Read the source press release here, Freight Technologies, Inc. Invests in Official Trump Tokens to Strengthen U.S.–Mexico Commerce
