Trump Media Partners with Crypto.com to Launch ETFs Combining Crypto and Traditional Assets
The ETFs, expected to launch in late 2025 pending regulatory approval, aim to diversify Trump Media's offerings despite its ongoing financial difficulties.
- Trump Media announced a partnership with Crypto.com to launch a series of exchange-traded funds (ETFs) under its Truth.Fi brand.
- The ETFs will feature a mix of digital assets, including Bitcoin and Cronos, alongside traditional securities spanning various industries.
- The partnership replaces earlier plans to collaborate with Charles Schwab and Yorkville America, reflecting a strategic pivot for Truth.Fi.
- Pending regulatory approval, the ETFs are expected to launch internationally, including in Europe and Asia, later in 2025.
- Following the announcement, Trump Media's stock rose 9% in after-hours trading, though it remains down 40% year-to-date.
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