March 26, 2025
By Our Correspondent
On Monday, Trump Media and Technology Group Corp. announced that it has entered into a non-binding agreement with Crypto.com to collaborate on the development of a range of exchange-traded funds (ETFs) and exchange-traded products under its Truth.Fi fintech brand. According to a press release, these ETFs are set to focus on digital assets and securities with an emphasis on American-made products, covering a variety of industries.
Crypto.com, based in Singapore, will provide backend technology, custody services, and the necessary cryptocurrencies for the ETFs, which are expected to feature a distinctive basket of cryptocurrencies, including Bitcoin, Cronos, and other digital assets. The launch of these funds is anticipated later this year, pending regulatory approval, and they will be accessible through Crypto.com’s broker-dealer, Foris Capital US.
The funds are expected to have a broad international reach, including availability in the U.S., Europe, and Asia, across various existing platforms and brokerages. Trump Media introduced Truth.Fi in January, shortly after President Donald Trump assumed office. The company also operates the conservative social media platform Truth Social and the streaming service Truth+.
TMTG CEO and Chairman Devin Nunes expressed enthusiasm about collaborating with Crypto.com and their partner Yorkville America to introduce America First investment products that will back innovative cryptocurrency initiatives, prominent American businesses, and advanced technologies.
He stated, “Our goal is to establish creative funds that focus on companies dedicated to rapid expansion, technological advancement, and bolstering the U.S. economy, free from the constraints of progressive ideologies and political maneuvering. Investors will finally have choices that align with their values and support exceptional U.S. companies that are focused on their primary operations.” The launch of the ETFs is set to coincide with a series of Truth.Fi SMAs.
Both the ETFs and SMAs are integral to TMTG’s financial services and fintech strategy, which involves up to $250 million being managed by Charles Schwab.
Kris Marszalek, co-founder and CEO of Crypto.com, remarked, “We are honored to collaborate with Truth Social (DJT) and Yorkville America in the launch of these innovative ETFs, including a unique basket of tokens featuring CRO. These ETFs will provide consumers with additional options from a brand that enjoys a dedicated following.”
