Trump Media & Technology Group said it is considering spinning out its flagship social media platform, Truth Social, into a publicly traded company, a move that could see it prioritize its crypto ambitions.

The Donald Trump-founded company said on Friday that it is discussing the potential deal with energy fusion startup TAE Technologies and Texas Ventures Acquisition III, a blank check company that would take control of the social media platform.

The discussions build on Trump Media’s merger agreement with TAE Technologies in December in a deal worth more than $6 billion.

When that merger is closed, Truth Social could be spun into a new public company called SpinCo, which would then merge with Texas Ventures III. SpinCo shares would…