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[Strange Market Corner] A company on the brink of bankruptcy spends 20 million USD to buy TRUMP tokens
One of the strangest and boldest deals in the crypto market has just been announced: Freight Technologies (FRGT) – a logistics company with a mere market cap of 4.8 million USD – has signed an agreement to buy up to 20 million USD of TRUMP tokens, a memecoin associated with the image of current U.S. President Donald Trump.
Not just an investment – This is a 'make-or-break political gamble'
According to CEO Javier Selgas, the deal $TRUMP is not merely about accumulating crypto assets. Their goal is to influence trade policy between the U.S. and Mexico by holding tokens directly connected to President Trump.
Not just an investment – This is a 'make-or-break political gamble'
According to CEO Javier Selgas, the deal $TRUMP is not merely about accumulating crypto assets. Their goal is to influence trade policy between the U.S. and Mexico by holding tokens directly connected to President Trump.
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