Trump Media and Technology Group, the company behind Truth Social, has announced a strategic partnership with Crypto.com to launch a series of exchange-traded funds (ETFs) and exchange-traded products (ETPs) under its fintech brand Truth.Fi.
The collaboration, formalized in a non-binding agreement, aims to promote investment products that include digital assets and securities focused on U.S. industries such as energy. Crypto.com’s broker-distributor Foris Capital US LLC will facilitate the launch, with Crypto.com providing the technology infrastructure, custody services, and cryptocurrency offering. The proposed ETFs will feature a select basket of digital assets, including Bitcoin, Cronos, and other cryptocurrencies.
Pending regulatory approval and final agreement, the ETFs are expected to launch later this year and be available in major markets including the United States, Europe and Asia through existing financial platforms and brokerages.
Devin Nunes, CEO and Chairman of TMTG, expressed his excitement about the initiative, saying:
“We are excited to join Crypto.com with our partner Yorkville America to launch America First investment products that support innovative crypto startups, great American companies, and cutting-edge technologies. We aim to create creative funds that are free of nonsense and political posturing, featuring companies focused on rapid growth, technological innovation, and strengthening the U.S. economy. Investors will finally have options that support outstanding U.S. companies that are committed to their principles and focused on their core businesses.”
*This is not investment advice.