- Trump Media partners with Crypto.com to launch ETFs featuring crypto and U.S. industries, focusing on growth.
- TMTG expands into financial services with Truth. Fi ETFs offer diverse investment options for global markets.
Trump Media & Technology Group (TMTG) has taken a major step into the financial services sector, announcing a partnership with Crypto.com to launch a series of exchange-traded funds (ETFs). The new financial products will be branded under the Truth. Fi name aims to include a mix of cryptocurrencies and U.S.-based industries like energy.
The collaboration will see Crypto.com providing the technology infrastructure while TMTG seeks to tap into the growing demand for digital and traditional assets. With a global rollout planned, the ETFs are expected to offer diverse investment options for both U.S. and international markets.
Trump Media’s Focus on Growth and American Values
TMTG’s CEO, Devin Nunes, emphasized that the new ETFs would prioritize American values, including fostering economic growth and technological innovation. The funds are designed to feature companies dedicated to expansion, particularly those in sectors driving U.S. economic success, such as energy. The ETFs will be available through Foris Capital, Crypto.com’s broker-dealer, and will feature major digital assets such as Bitcoin and Cronos (CRO).
“By incorporating crypto and traditional sectors, we’re offering a comprehensive investment opportunity that’s free from political influence,” Nunes stated. The focus on U.S.-based companies aligns with the company’s vision of promoting financial products that support American businesses and economic resilience.
Global Availability and Crypto.com’s Role
Crypto.com’s involvement goes beyond technology infrastructure; the platform will serve as the official supplier of cryptocurrencies for the ETFs. With more than 140 million users worldwide, the app will give investors easy access to these new products. CEO Kris Marszalek highlighted that the ETFs will be available in multiple regions, including Europe and Asia, providing a broad international reach.
Crypto.com will also handle the custody of crypto assets and ensure the secure processing of ETF transactions. By leveraging its reputation for regulatory compliance and security, Crypto.com will help make these ETFs accessible to a wider audience, including retail and institutional investors alike.
“We’re excited to partner with TMTG and Yorkville America to bring these innovative products to market,” Marszalek said. “With the support of Crypto.com, these ETFs will be available to investors worldwide, enhancing their portfolio diversification options.”
Truth.Fi and Future Financial Products
The launch of the ETFs is just the beginning for TMTG’s fintech arm, Truth.Fi. In addition to the ETF series, TMTG plans to introduce Separately Managed Accounts (SMAs) under the Truth.Fi brand. These products aim to offer more tailored investment options for individuals seeking a personalized approach.
The strategic move into ETFs and other financial products reflects Trump Media’s growing interest in digital assets and blockchain technology. The partnership with Crypto.com follows a broader trend of diversification for TMTG, which has also ventured into the cryptocurrency space through its World Liberty Financial arm, recently launching a stablecoin on the BNB Chain.
The ETFs are slated to launch later this year, pending regulatory approval, with initial allocations expected to reach $250 million. With Crypto.com’s backing and TMTG’s strategic guidance, the products are positioned to impact significantly both traditional and digital asset markets.
