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NASDAQ:DWAC 20 January 2026

Trump’s Truth Social ‘America First’ ETFs hit NYSE as Trump Media’s new investing push draws scrutiny

Trump’s Truth Social ‘America First’ ETFs hit NYSE as Trump Media’s new investing push draws scrutiny

Five Truth Social-linked ETFs debuted on the New York Stock Exchange last week, expanding Trump Media’s reach into finance. The company also launched four Truth Social-branded investment strategies through Yorkville and Index Technologies Group. Ethics advocates and Democrats say these moves deepen conflict-of-interest concerns involving President Donald Trump. The White House denies any conflicts.
20 January 2026
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Stock Market Today

  • Steve Smith's $100,000 Koala Investment Poised for Major ASX Debut
    March 20, 2026, 9:29 PM EDT. Australian cricketer Steve Smith's early $100,000 Seed investment in Koala, a furniture startup, is set for a significant payoff as Koala prepares for a $68 million IPO on the ASX. The company, valued at $305 million, plans to use $10.1 million of fresh capital to retire debt. Co-founder Mitch Taylor is selling $8.3 million of shares but retains a 16.3% stake. CEO Dany Milham holds 20.7% of the company, with shares under escrow. Major shareholders include Perennial Partners with 22.7% and Alium Capital with 5%. Smith's initial 10% stake has diluted but was worth over $10 million by 2019. The listing is expected to reveal the full value of his holdings, potentially surpassing his cricketing earnings. Koala projects strong growth with a 62.4% revenue increase expected by FY26.
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