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Trump's eldest son investment company raised $50 million for Crypto Assets reserves.
[Bitu] Donald Trump Jr., the son of Trump, has announced that Thumzup Media Corporation, a social media company invested in and holding reserves of Crypto Assets, has completed a stock placement financing of $50 million at a price of $10 per share. The net proceeds will be used for the accumulation of Crypto Assets and Mining equipment, working capital, and general corporate purposes, with Dominari Securities LLC serving as the exclusive placement agent for this issuance.