Trump Media said Wednesday it is branching out to offer financial services. 

The operator of the Truth Social media platform will launch Truth.Fi later this year in partnership with the investment and banking firm Charles Schwab. Truth.Fi will offer exchange-traded funds, Bitcoin and other cryptocurrencies and crypto-related securities. 

“We look forward to launching Truth.Fi, introducing Trump Media and Technology Group’s investment vehicles and unlocking synergies,” Trump Media Chairman and CEO Devin Nunes said in a statement. 

He said Truth.Fi is a natural expansion of Truth Social, which began as a social media platform in 2022 after President Donald Trump was barred from other major sites, including Facebook and Twitter, since renamed X. The company has since expanded by adding a video streaming service.

With the addition of investment products, Nunes said Truth.Fi is “another step toward our goal of creating a robust ecosystem through which American patriots can protect themselves from the ever-present threat of cancellation, censorship, debanking and privacy violations committed by Big Tech and woke corporations.”

Earlier this month, Trump and his wife, Melania, launched their own cryptocurrencies: $Trump and $Melania.

The announcement comes one day after the Senate confirmed Trump’s Treasury Secretary nominee — and cryptocurrency advocate — Scott Bessent. It also comes a day after X announced it had partnered with Visa on a payment system called X Money that will launch later this year. 

According to a social media post from X CEO Linda Yaccarino, X Money will allow for secure and instant funding of an X Money wallet through Visa, connect users’ debits cards to allow for peer-to-peer payments and give them the option to instantly transfer funds to their bank accounts.