Trump Media and Technology Group announced a partnership with Crypto.com to launch a series of ETFs under the Truth.Fi brand, focusing on digital assets with an emphasis on a “Made in America” initiative. Regulatory approval is pending, with ETF release expected later this year. TMTG aims to diversify into financial services alongside partners Crypto.com and Yorkville America Digital.
Trump Media and Technology Group (TMTG) partnered with Crypto.com to launch a series of exchange-traded funds (ETFs) under the Truth.Fi brand. The focus of these ETFs will be on digital assets and securities, with a strong emphasis on promoting a “Made in America” initiative. This collaboration signifies TMTG’s foray into financial services, pending necessary regulatory approvals before the ETFs’ anticipated debut later this year.
CEO and Chairman of TMTG, Devin Nunes, expressed that this partnership marks a significant advancement in their diversification into financial services and digital assets. He noted the enthusiasm in collaborating with partners like Crypto.com and Yorkville America Digital to deliver ETFs aimed at investors who recognise the potential growth in both the American economy and digital assets.
The venture also involves Yorkville America Digital, an asset management company that focuses on ETFs and digital assets. Representatives from Crypto.com and Yorkville noted the substantial growth prospects associated with this initiative. Kris Marszalek, Co-Founder and CEO of Crypto.com, remarked that this agreement reinforces their role as a leading platform in merging cryptocurrency with traditional finance, offering global distribution for Trump Media’s ETFs, thus benefiting all involved parties.
