Trump outsources ‘Made-in-America’ investments to Singapore crypto firm
Trump Media & Technology Group plans to work with Crypto.com on a line-up 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 last year.
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 Monday. The products will be available this year in the US, Europe and Asia, pending regulatory approval. Crypto.com will supply the cryptocurrencies and technology underpinning them, and they will be available through Foris Capital, a New Hampshire-based platform it acquired last…