Trump Media & Technology Group Corp. shares are rising after its partnership with Crypto.com to introduce exchange-traded funds (ETFs) under the Truth.Fi brand. The collaboration, announced recently, involves Crypto.com managing the ETF’s launch and associated financial products. While specific asset details remain vague, the ETFs are anticipated to include a mix of U.S. made securities and cryptocurrencies, aiming to enhance technological growth and support the American economy. CEO Devin Nunes emphasized the commitment to promoting firms driving rapid advancement in various industries.
Shares in Trump Media & Technology Group Corp. are rising after announcing a partnership to launch crypto-focused ETFs with Crypto.com, through its Truth.Fi brand.
The upcoming ETFs will focus on digital assets and securities, emphasizing a Made in America theme across sectors like energy and technology.
Trump Media CEO Devin Nunes highlighted the goal of the new ETFs as supporting firms rooted in rapid growth and technological innovation to bolster the U.S. economy.
Crypto.com will largely handle the management and launch of the ETFs, marking a significant move for Trump Media in the fintech space.
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