Trump Media taps Singapore-based Crypto.com for Made-in-America ETFs
NEW YORK – Trump Media & Technology Group plans to work with Crypto.com on a lineup of “Made-in-America” investments – an arrangement that puts the president’s social media company in business with a Singapore-based firm that was locked in a legal battle with US regulators in 2024.
The president is Trump Media’s largest shareholder, with a US$2.4 billion (S$3.2 billion) stake that’s held in a trust controlled by his son, Donald Trump Jr.
The Truth Social parent will sell exchange-traded funds (ETFs) tied to digital assets and other US-focused investments on a platform owned by Crypto.com, according to a statement on March 24. The products will be available this year in the United States, Europe and Asia, pending regulatory…
