Trump Media Teams Up with Crypto.com to Launch ETFs and ETPs
Trump Media Partners with Crypto.com to Launch ETFs and ETPs Featuring Bitcoin and CRO
Trump Media & Technology Group (TMTG), the parent company of Truth Social, has joined forces with Crypto.com to introduce a series of exchange-traded funds (ETFs) and exchange-traded products (ETPs). These investment products will include digital assets such as Bitcoin (BTC) and Crypto.com Coin (CRO), along with securities linked to key American industries like energy. The official launch is anticipated later this year, pending regulatory approval.
Crypto.com to Power the New Investment Products
As part of the collaboration, Crypto.com will provide backend technology, custody solutions, and crypto liquidity for the funds. This move aligns with a broader crypto-focused strategy by Trump and his family, who have previously released multiple blockchain-based projects, including NFT collections, memecoins, and their DeFi protocol, World Liberty Financial (WLFI).
The upcoming ETFs and ETPs are set to be available globally—including in the U.S., Europe, and Asia—through major brokerage platforms, providing investors easy access to these innovative financial products.
TMTG CEO & Crypto.com Founder on the Partnership
Devin Nunes, CEO of TMTG, expressed enthusiasm about the venture, emphasizing that these funds will support American businesses, innovative technologies, and the cryptocurrency sector. He also highlighted the importance of keeping investments free from political influence while focusing on strengthening the U.S. economy.
Kris Marszalek, Co-Founder and CEO of Crypto.com, echoed this sentiment, stating his pride in supporting TMTG’s ETF launch. He emphasized that one of the key products will be a first-of-its-kind basket of tokens, prominently featuring Crypto.com’s native token (CRO).
TMTG’s $250 Million Investment Strategy
Alongside the ETFs, TMTG will also roll out Truth.Fi Separately Managed Accounts (SMAs) as part of its expanding financial services and FinTech strategy. The company plans to invest up to $250 million from its own reserves into these initiatives, with Charles Schwab overseeing the fund’s management.
With regulatory approval pending, this collaboration between Trump Media, Crypto.com, and Yorkville America marks a major step toward integrating crypto assets with traditional investment vehicles, potentially reshaping the digital finance landscape.