Trump Media to launch crypto ETFs on Crypto.com amid CRO controversy
Crypto.com has announced a strategic partnership with Trump Media & Technology Group (TMTG) and Yorkville America to roll out a suite of exchange-traded funds (ETFs).
The initiative, revealed on March 24, will introduce TMTG-branded ETFs combining digital and traditional assets.
ETF move
These products will feature a crypto-heavy ETF basket, including Bitcoin, Crypto.com’s native Cronos (CRO) token, and other digital currencies.
Crypto.com will provide backend technology and custodial services through its US Trust Company as part of the deal. It will also handle the crypto asset supply for the ETFs, which will be sold via its affiliated broker-dealer, Foris Capital US LLC.
Crypto.com’s CEO, Kris Marszalek, expressed optimism about the…
