Trump Media Announces Intention to Partner with Crypto.com to Launch ETFs
- Trump Media plans to launch exchange-traded funds with Crypto.com, which will focus on American-made products and digital assets like Bitcoin and Cronos, pending regulatory approval.
- Shares of Trump Media increased by 9% after the announcement of a partnership with Crypto.com to launch ETFs.
- Crypto.com will provide backend support and custody for the ETFs, which are intended to include cryptocurrencies alongside traditional securities.
- TMTG CEO Devin Nunes expressed excitement about collaborating with Crypto.com to create investment products supporting innovative American companies.
72 Articles
72 Articles
Trump’s Media Empire Dives into Crypto, Boosting Shares
President Donald Trump’s company, Trump Media & Technology Group, announced a partnership with Crypto.com on March 24, 2025, triggering an 11% pre-market stock surge in New York the next day. The firm, which operates Truth Social, aims to launch cryptocurrency-focused exchange-traded funds through its Truth.Fi brand. Investors see potential, despite the company’s $400 million loss […]
10% jump to Wall Street, Trump Media to launch cryptocurrency investment fund
Donald Trump's media group Trump Media & Technology Group (TMTG) jumped nearly 10% to Wall Street on Tuesday after announcing an agreement with Crypto.com's cryptocurrency trading platform to launch a series of financial products.
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