Trump Media Group plans to launch ETF in partnership with Crypto.com

This article is machine translated
Show original

On March 25, according to Globe Newswire, Trump Media & Technology Group (TMTG) announced that it has reached a preliminary cooperation intention with Crypto.com, planning to jointly launch a series of ETFs and related products through its financial technology brand Truth.Fi, expected to be officially launched in 2025, pending final agreement signing and regulatory approval. The new fund will be technically supported and crypto asset custody provided by Crypto.com, covering cryptocurrencies such as Bitcoin and Cronos, and will also include securities assets related to the "Made in America" theme, covering multiple industries including energy. TMTG plans to invest up to $250 million of its own funds, with funds custodied by Charles Schwab.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Followin logo