Donald Trump’s media company, Trump Media & Technology Group (TMTG), has announced plans to enter the cryptocurrency and financial technology markets under a new brand, Truth.Fi. The news prompted a 15% rise in TMTG’s shares during pre-market trading on Wednesday.

The company stated that Truth.Fi would focus on investment accounts and cryptocurrency services, including Bitcoin and other crypto-related securities. TMTG is committing up to $250 million to fund the initiative, with Charles Schwab managing the assets.

This expansion into the fintech space is expected to raise new concerns about potential conflicts of interest, especially considering Trump’s previous role as president. Last week, Trump faced criticism for launching a meme coin shortly before his inauguration, an event that former government ethics officials called “shameful” due to its timing.

Despite struggling to establish a social network competitive with major players like Meta Platforms’ Facebook and Instagram or Elon Musk’s X, TMTG has raised millions since becoming publicly traded last year. Much of its financial backing has come from its status as a “meme stock,” buoyed by social media attention rather than its performance in the social media market.

In a statement released Wednesday, TMTG, which is majority-owned by Trump, outlined plans to introduce a series of investment vehicles under the Truth.Fi banner in the coming months. Devin Nunes, the company’s CEO, described the move as a “natural expansion” of the Truth Social movement. Nunes further emphasized that Truth.Fi would support “American patriots” in defending themselves against “cancel culture” and “big tech censorship.”

The launch of Truth.Fi signals TMTG’s broader ambitions beyond social media, marking a shift toward the rapidly growing cryptocurrency and fintech sectors. However, as the company moves into these new areas, it is likely to face increased scrutiny regarding both its business practices and its founder’s previous political ties.

More than one in five UK employees feel unable to discuss their mental health struggles in the workplace, according to new research highlighting persistent stigma and a lack of employer support.

The study, based on data from the Health and Safety Executive (HSE) and the Chartered Institute of Personnel and Development (CIPD), reveals that 7.5 million workers experience anxiety, depression, or stress caused or worsened by their jobs. Despite these challenges, they do not feel safe disclosing their difficulties to their employers.

A significant gender divide emerged in the findings, with 3.9 million men reporting workplace-related mental health issues without seeking support. This figure is 8% higher than the 3.5 million women who experienced similar struggles, suggesting that men may feel a greater reluctance to ask for help.

Industry-Wide Disparities

The research also identified stark differences across industries. The automotive sector had the highest proportion of employees suffering in silence, with 1.13 million workers reporting unaddressed mental health concerns. This was closely followed by the health and social care sector, where 1.11 million employees kept their struggles private.

In contrast, the arts, entertainment, and recreation industry recorded the lowest number of workers suffering unseen, at 264,000. The financial and insurance sector followed closely behind, with 256,000 employees reluctant to speak up about their mental health challenges.

Calls for Workplace Change

Richard Stockley, Managing Director at RRC International, which conducted the research, described the findings as “shocking.” He emphasized that while progress has been made in addressing mental health stigma, many workers still do not feel comfortable discussing their struggles.

“Our research shines a very necessary light on the issue, helping employers better understand just how widespread mental health challenges are,” Stockley said. “Change begins in the workplace, and with the right culture and training, employers can ensure their businesses are safe spaces for all who work there.”

The findings underscore the need for businesses to foster open discussions about mental health and provide proper support structures for employees. Experts suggest that implementing mental health training for managers, offering confidential support services, and promoting an inclusive workplace culture could help break down barriers and encourage workers to seek help without fear of stigma or repercussions.

As workplace mental health remains a growing concern, the study serves as a wake-up call for employers to take meaningful steps toward improving employee well-being and creating an environment where mental health can be discussed openly and without fear.