Tuesday, March 25, 2025

Trump Media Partners with Crypto.com to Launch Bitcoin & Digital Asset ETFs

 

🔎Trump Media Partners with Crypto.com to Launch Bitcoin & Digital Asset ETFs

Trump Media & Technology Group (TMTG) has announced a collaboration with Crypto.com to launch Bitcoin and digital asset ETFs. The company, which operates Truth Social, plans to introduce these products under the ‘Truth.Fi’ brand in 2025, alongside Separately Managed Accounts (SMAs).

📊 Key Details of the ETF Launch

  • Includes Bitcoin, Cronos (CRO), and other cryptocurrencies.

  • Available in the U.S., Europe, and Asia.

  • Managed through Crypto.com’s U.S. brokerage unit, Foris Capital.

  • Trump Media will invest up to $250M of its own capital into the fund.

  • Charles Schwab will serve as the custodian.

🗣 Statements from TMTG & Crypto.com

  • TMTG CEO Devin Nunes: "We are proud to launch ‘America First’ investment products that support innovative crypto ventures and U.S. businesses."

  • Crypto.com CEO Kris Marszalek: "With over 140 million users worldwide, we aim to offer a brand-loyal investment alternative."

The news gained traction after Fox News journalist Eleanor Terrett shared it on X.

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