Trump’s Truth Social Eyes Wall Street With Crypto ETF Gambit
- Trump Media and Technology Group (TMTG) have announced they have signed an agreement with Crypto.com to launch several ETFs.
- The ETFs will be launched through TruthFi, the FinTech arm of TMTG.
- Trump’s sons Eric Trump and Donald Trump Jr have also created a company to merge with an existing crypto mining company. The venture is called American Bitcoin.
- The existing mining company Hut 8, had ties to investors with a history of an illegal penny-stock operation dubbed a ‘pump and dump’.
Trump Media and Technology Group have now officially signed an agreement with Crypto.com regarding the launch of several ETFs. The ETFs pertain to both cryptocurrencies and the energy sector.