- Trump Media plans to launch ETFs with Crypto.com focusing on US-based investments and digital assets.
- The ETFs will include Bitcoin and Cronos and will be available in the US, Europe, and Asia through brokerages.
- Truth.Fi will allocate up to $250 million for the ETFs aiming to support high-growth businesses and technologies.
Trump Media and Technology Group (TMTG) has announced plans to launch a series of exchange-traded funds (ETFs) through its fintech arm, Truth.Fi. The company signed a non-binding agreement with Crypto.com to facilitate the launch. The ETFs will include digital assets and securities with a focus on US-based investments.
Crypto.com will provide custody and supply tokens, including Bitcoin and Cronos. The funds will be available through Crypto.com’s broker-dealer, Foris Capital US.
ETF Launch and Investment Strategy
The ETFs are expected to launch in 2025, pending regulatory approval. Truth.Fi will introduce these funds with an allocation of up to $250 million. The company aims to create investment options supporting high-growth businesses and advanced technologies. The ETFs will also align with TMTG’s vision of promoting American companies without political influences.
Global Market Availability
TMTG plans to make the ETFs accessible in multiple regions such as the US, Europe, and Asia. The partnership with Crypto.com will help expand the reach of these financial products. The funds will be distributed across existing brokerages and investment platforms. This move aligns with the broader strategy of increasing participation in the digital asset space.
Truth.Fi and TMTG’s Expansion
Truth.Fi, launched in January, is a key part of TMTG’s financial services initiative. The company operates Truth Social and the streaming platform Truth+. The planned ETFs mark its entry into the investment sector. The collaboration with Crypto.com reflects TMTG’s ambition to establish itself as a major player in digital finance.
Regulatory Considerations and Market Impact
The ETFs will undergo regulatory review before their official release. Crypto.com’s involvement will ensure compliance with financial regulations. Once approved, investors will access these funds through Crypto.com’s platform. The initiative is expected to attract interest from investors looking for diversified crypto-based financial products.
