President Donald Trump’s media and technology company, Trump Media & Technology Group (TMTG), is entering the exchange-traded funds (ETFs) market through a partnership with Crypto.com. The company is set to release a series of ETFs under the Truth.Fi brand, which will include cryptocurrencies and securities focused on the United States.Â
According to TMTG, the ETFs will go beyond crypto, including industries like energy that drive U.S. economic growth. These funds will be available through Foris Capital US LLC, Crypto.com’s broker-dealer. Bitcoin and Cronos will be among the featured assets.Â
TMTG CEO Devin Nunes emphasized that these ETFs will focus on companies dedicated to growth, free from political influences. He stated that the goal is to offer investment options that support American values and economic expansion.
Crypto.com will handle the backend technology, custody services, and crypto asset supply. CEO Kris Marszalek revealed that the ETFs will be accessible worldwide, including in the U.S., Europe, and Asia, through the Crypto.com app, which serves over 140 million users.Â
The ETFs are expected to launch later this year, pending regulatory approval. TMTG also plans to introduce Separately Managed Accounts (SMAs) under the Truth.Fi brand for more tailored investment options.
Furthermore, Trump’s business portfolio includes World Liberty Financial (WLFI), which recently introduced a stablecoin on the BNB Chain. With these initiatives, Trump Media is now diversifying its operations in both the conventional financial sector and the blockchain industry.
Also Read: Trump’s World Liberty Fi Launches USD1 Stablecoin, Real or Fake?
