Trump Media partners with Crypto.com for ETF collaboration.

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Trump Media partners with Crypto.com for ETF collaboration.

Trump Media & Technology Group (TMTG) has announced a partnership with leading cryptocurrency exchange Crypto.com to launch digital asset and “Made in America” focused exchange-traded funds (ETFs). These ETFs, developed under TMTG's financial services branch Truth.Fi, will consist of digital assets as well as securities from American-based sectors. They are expected to commence trading in the U.S., Europe, and Asia markets within this year.

The ETFs will be offered through Crypto.com’s brokerage, Foris Capital US LLC, and managed via the platform's infrastructure. The statement emphasized that the ETFs will present investors with a basket composed of both crypto assets and stocks from sectors with high growth potential linked to the American economy. TMTG CEO Devin Nunes highlighted the aim of providing an investment model aligned with American economic values, free from political debates.