Trump Media Group to Launch ETF in Partnership with Crypto.com

Trump Media & Technology Group (TMTG) announced that it has reached a preliminary cooperation intention with the crypto trading platform Crypto.com, and plans to jointly launch a series of ETFs and related products through its fintech brand Truth.Fi, which is expected to be officially launched in 2025, subject to the signing of a final agreement and regulatory approval.

The new fund will be provided with technical support and crypto asset custody by Crypto.com, covering cryptocurrencies such as Bitcoin and Cronos, and will also include securities assets related to the theme of "Made in America", covering multiple industries such as energy. TMTG plans to use up to $250 million of its own funds to participate in the investment, and the funds will be managed by Charles Schwab.