Trump Media stock surged 5.9% after partnering with Crypto.com to launch new ETFs.
From Nasdaq: 2025-03-25 14:40:00
Trump Media stock (NASDAQ: DJT) surged 5.9% in Tuesday’s trading, reaching a high of 14.1%. The company is partnering with Crypto.com to launch ETFs, leading to a valuation boost. This move comes after the recent launch of Truth.Fi, a finance brand offering ETFs and other products. The partnership will focus on new ETFs centered on cryptocurrencies and American stocks, expected to launch this year. This shift signals a change in Trump Media’s business focus from its struggling social media platform, Truth Social. The move could potentially drive growth for the company.
Read more at Nasdaq: Why Trump Media Stock Is Surging Today
