Trump Media partners with Crypto.com to launch ETFs through Truth.Fi, shares rise 10.5%.
From Yahoo Finance: 2025-03-24 17:10:00
Trump Media & Technology Group partners with Crypto.com to launch ETFs and products through Truth.Fi. Shares rise 10.5% after announcement, but down 38% in last three months. ETFs to include digital assets and “Made in America” securities. Funds to launch later this year, available internationally. Crypto.com to provide backend technology and custody for ETFs. Trump Media diversifying cash holdings with $250 million investment through Charles Schwab. Plans to allocate funds into ETFs, managed accounts, and cryptocurrencies. Applied to trademark six investment products tracking bitcoin, U.S. manufacturing, and energy sectors.
Read more at Yahoo Finance: Trump Media teams up with Crypto.com to launch ETFs on Truth.Fi (March 24)