Trump Media Seals ETF Deal with Crypto.com, Yorkville
The post Trump Media Seals ETF Deal with Crypto.com, Yorkville appeared on BitcoinEthereumNews.com.
Trump Media Finalizes Major ETF Deal with Crypto.com and Yorkville America Digital New TruthFi ETFs to Blend Digital Assets and Traditional Securities, Targeting Global Investors Trump Media and Technology Group (TMTG), the company behind Truth Social, has finalized a deal with Crypto.com and Yorkville America Digital. The arrangement leads to the creation of a series of exchange-traded funds (ETFs) that come out under the TruthFi brand. According to Eleanor Terrett, a crypto journalist, the business venture took shape after signing an earlier agreement this year. TMTG undertakes a major business expansion by entering the financial services sector, including digital assets. New ETFs to Combine Digital Assets and Traditional Securities ETFs under TruthFi will primarily invest in U.S. digital currencies and domestic American investment products. These finance solutions intend to draw investors from both conventional markets and digital currency sectors. Users can access Crypto.com’s broker, Foris Capital US LLC to obtain the available funds. ETFs will combine digital currencies with conventional securities as components. The core emphasis stays on energy industry sectors. The products need to pass regulatory approvals before their official launch this year. The ETFs will be accessible worldwide across the U.S., Europe, and Asia. The TMTG CEO, Devin Nunes, showed enthusiasm about the announced agreement. According to the CEO, this move represents a fundamental method for his company to expand its investment options. Nunes stated that both Crypto.com and Yorkville America Digital represent essential partners for the company. The project receives meaningful professional experience from both Crypto.com and Yorkville America Digital. The partnership, according to Nunes, lets investors capitalize on U.S. economic ventures and digital assets. Digital assets will experience exponential growth during the upcoming several years, according to his projection. Kris Marszalek expressed his positive outlook as the CEO of Crypto.com. Marszalek identified Crypto.com’s ability to unite…
Filed under: News - @ April 23, 2025 8:28 pm