Thumzup Media Corporation, a US-listed company, is raising funds through a rights offering to invest in cryptocurrencies and mining equipment.

According to Odaily Planet Daily, Thumzup Media Corporation, a Nasdaq-listed company that holds cryptocurrency reserves and is owned by Donald Trump Jr., Trump's eldest son, has officially launched a rights offering. The company will issue Series D non-voting convertible preferred stock at a par value of $0.001 per share. The proceeds will be used for investment in cryptocurrency and mining equipment, working capital, and general corporate purposes. Dominari Securities LLC served as the exclusive placement agent for the offering. (PRNewswire)