Truth Social Unveils $9.99 Token Rewards Amid Crypto Push

- Utility token launched for $9.99 Patriot Package rewards program - Parent company TMTG files for a Bitcoin-heavy crypto ETF On July 10, 2025, Truth Social introduced a utility token for its $9.99 per month Patriot Package. This token allows subscribers to earn digital "gems" based on their platform engagement, which can be spent within Truth Social’s ecosystem and its affiliated Truth+ media service. The initiative supports the platform's strategy to incorporate blockchain technology and grow its cryptocurrency presence. According to beta phase details, Patriot Package subscribers already enjoy several perks, including ultra-fast streaming of curated "non-woke" news channels, a red verification checkmark, and enhanced comment visibility. By adding a blockchain-enabled rewards system, Truth Social aims to boost user engagement and loyalty while also cementing its position in the crypto space. In a related development, Truth Social's parent company, Trump Media & Technology Group (TMTG), filed an S-1 registration with the U.S. Securities and Exchange Commission (SEC) for a cryptocurrency-based exchange-traded fund (ETF). The proposed "Truth Social Crypto Blue Chip ETF" will include leading digital assets such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), and Cronos (CRO), with Bitcoin accounting for 70% of the fund's allocation. Crypto.com will serve as the Bitcoin custodian, while Yorkville America Digital will sponsor the ETF. These initiatives, supported by partnerships with industry leaders like Crypto.com and Yorkville America Digital, reflect TMTG’s broader push into cryptocurrency and blockchain. In addition, the company is pursuing a "Made in America" blockchain branding strategy, which aligns with prior shareholder disclosures regarding its plans for utility tokens and digital wallets. Truth Social's latest blockchain-focused endeavors demonstrate its commitment to technological innovation. By integrating rewards tokens into its ecosystem and advancing crypto investment opportunities, the platform seeks to attract a growing audience in the digital asset space.