Curated News
By: NewsRamp Editorial Staff
May 01, 2025
Freight Technologies, Inc. Secures $20M Investment for Official Trump Tokens in Crypto Treasury Diversification
TLDR
- Fr8Tech secures $20 million convertible note for Official Trump Tokens, enhancing digital asset diversification strategy.
- Fr8Tech utilizes AI and machine learning to optimize supply chain processes through diverse proprietary platforms.
- Fr8Tech's mission to strengthen US–Mexico commerce and tech-driven trade relationships promotes economic growth and balance.
- Fr8Tech's innovative platforms connect carriers and shippers, improving efficiency and enhancing global trade operations.
Impact - Why it Matters
This news highlights Fr8Tech's strategic move to boost U.S.–Mexico commerce and enhance trade relationships through crypto investments. The partnership with an institutional investor for $20 million underscores the company's commitment to innovation in the supply chain sector, potentially reshaping the future of cross-border shipping and digital asset management.
Summary
Freight Technologies, Inc. (Nasdaq: FRGT) secures a $20 million convertible note agreement with an institutional investor to invest in Official Trump Tokens ($TRUMP) as part of its crypto treasury diversification. CEO Javier Selgas highlights the move to strengthen U.S.–Mexico commerce and promote tech-driven trade relationships. Fr8Tech recently invested $8 million in FET tokens and offers a range of AI-powered supply chain solutions.
Source Statement
This curated news summary relied on this press release disributed by InvestorBrandNetwork (IBN). Read the source press release here, Freight Technologies, Inc. Secures $20M Investment for Official Trump Tokens in Crypto Treasury Diversification
