The Trump Media Group is planning to launch Truth Social Utility Token

BlockBeats News, April 30th, according to The Block, Trump Media & Technology Group stated in a shareholder letter: "As part of an incentive plan, we are exploring the introduction of a utility token into the Truth digital wallet, which could initially be used to pay for Truth+ subscription fees and may also be applicable to other products and services within the Truth ecosystem in the future."

In January of this year, the company launched the fintech brand Truth.Fi and had previously submitted a trademark application covering the service of "downloadable computer software for use as a digital wallet."