US Stock Market Move | Will use up to $20 million in convertible bond financing to purchase TRUMP token, Hudson Capital Inc. (FRGT.US) surges 117%.

On Friday, Hudson Capital Inc. (FRGT.US) surged 117% to $2.15. In terms of news, according to media reports, the company announced that it had signed an agreement with an institutional investor to raise up to $20 million through convertible bond financing, to be used to purchase the Trump official Meme coin TRUMP. Under the financing agreement, Freight Technologies plans to issue a total of $1 million in convertible notes in the first round of financing, with the potential to add up to an additional $19 million in financing under specific conditions.