Trump Media teams up with Crypto.com to launch ETFs on Truth.Fi (March 24)
(This March 24 story has been corrected to say ‘last three months,’ and not ’12 months,’ in paragraph 2)
(Reuters) – President Donald Trump’s media company Trump Media & Technology Group said on Monday it is partnering with Crypto.com to launch exchange-traded funds and products through its Truth.Fi brand.
Shares of the company, which operates social media platform Truth Social, rose 10.5% after the bell on Monday, but have fallen 38% in the last three months.
The ETFs, which will be available through Crypto.com’s broker-dealer Foris Capital, will include digital assets as well as securities with a “Made in America focus” across various industries, according to a statement.
The funds are planned to be launched later this year…
