Trump Media and Crypto.com Form ETF Partnership
Trump Media is teaming with Crypto.com to launch a series of exchange traded funds (ETFs).
The president’s media company, owner of the Truth Social platform, announced the partnership Monday (March 24), saying the ETFs would “comprise digital assets as well as securities with a Made in America focus spanning diverse industries such as energy.”
Crypto.com will offer back-end technology support, custody and supply the cryptocurrencies for the ETFs, which are expected to include “a unique ETF basket of cryptocurrencies” such as bitcoin, cronos and other crypto assets, the announcement said.
Trump Media CEO Devin Nunes said the funds would incorporate “firms that concentrate on rapid growth, technological…
