The post Trump Media To Launch Crypto ETFs With CryptoCom appeared on BitcoinEthereumNews.com.

In a major development, Trump Media and Technology Group (TMTG) is entering the exchange-traded funds (ETFs) market through a new partnership with CryptoCom.  According to the firm’s announcement, it is set to execute its strategy to release a series of ETFs featuring several cryptocurrencies and American-focused securities under its Truth.Fi brand. Trump Media and Crypto ETF Plans According to the Trump Media announcement, the proposed funds are expected to go beyond crypto and, as confirmed, feature thriving American industries such as energy. The ETFs will be available through Foris Capital US LLC, Crypto.com’s broker-dealer. The offering is expected to feature Bitcoin and Cronos, along with other crypto assets.  TMTG CEO Devin Nunes emphasized that these funds will prioritize companies dedicated to growth and development without external political influences.  He stated that the goal is to create investment options that uphold American values while supporting industries contributing to economic expansion. As reported earlier by CoinGape, In January, Trump Media & Technology Group launched Truth.Fi, investing $250M in Bitcoin, ETFs, and SMAs. Terms of the CryptoCom Partnership Under the terms of the partnership, Crypto.com, a major global cryptocurrency trading platform, will handle the backend technology. In addition, it will support custody services and the supply of crypto assets for the ETFs.  According to CryptoCom CEO Kris Marszalek, this collaboration will introduce a new kind of ETF that integrates a curated selection of cryptocurrencies. Marszalek revealed to the public that these ETFs will be available to a global audience. These include users in the United States, Europe, and Asia. In addition, CryptoCom, which has over 140 million users worldwide, will make these products accessible through its app.  The collaboration intends to expand investment opportunities for digital asset traders and traditional investors looking for exposure to the cryptocurrency market. The ETFs are expected to…

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Filed under: News - @ March 25, 2025 4:28 am