According to ChainCatcher, Trump Media & Technology Group (TMTG) announced that they have reached a preliminary cooperation intention with Crypto.com, planning to jointly launch a series of ETFs and related products through their 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, spanning multiple industries including energy. TMTG plans to invest up to $250 million of its own funds, with funds custodied by Charles Schwab.