NetworkNewsBreaks – Freight Technologies (Nasdaq
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Posted On: 05/02/2025 4:02:06 PM
NetworkNewsBreaks – Freight Technologies (Nasdaq: FRGT) Secures $20 Million Facility to Acquire Trump Tokens as Part of Digital Asset Strategy
Freight Technologies, Inc. (Nasdaq: FRGT) has entered into a convertible note agreement for up to $20 million with an institutional investor, earmarking proceeds to purchase Official Trump Tokens ($TRUMP) as a core part of its crypto treasury. The initial $1 million tranche supports Fr8Tech’s broader digital asset diversification following its recent $8 million investment in FET tokens. CEO Javier Selgas framed the move as aligned with Fr8Tech’s mission to strengthen U.S.–Mexico commerce and champion balanced, tech-driven trade relationships.
NOTE TO INVESTORS: The latest news and updates relating to FRGT are available in the company’s newsroom at https://nnw.fm/HNXTg
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
Freight Technologies, Inc. (Nasdaq: FRGT) has entered into a convertible note agreement for up to $20 million with an institutional investor, earmarking proceeds to purchase Official Trump Tokens ($TRUMP) as a core part of its crypto treasury. The initial $1 million tranche supports Fr8Tech’s broader digital asset diversification following its recent $8 million investment in FET tokens. CEO Javier Selgas framed the move as aligned with Fr8Tech’s mission to strengthen U.S.–Mexico commerce and champion balanced, tech-driven trade relationships.
NOTE TO INVESTORS: The latest news and updates relating to FRGT are available in the company’s newsroom at https://nnw.fm/HNXTg
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
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