Just In: Trump Media to partner with Crypto.com to launch crypto ETFs
The week has kicked off with a bullish news from team President Donald Trump. Earlier today, Trump Media announced that its intention to partner with leading crypto exchange – Crypto.com. The partnership would see Trump Media launch crypto exchange-traded funds (ETFs) and exchange-traded products (ETPs). The official announcement read,
“has signed a non-binding agreement to partner with Crypto.com, America’s premier crypto trading platform, to launch a series of exchange-traded funds and exchange-traded products (collectively, “ETFs”) through the Truth.Fi brand”
The announcement further stated that the broker dealer for the ETFs would be Foris Capital US LLC through Crypto.com. And, interestingly, the ETFs will not be limited to the digital currency industry. The announcement stated that they are “expected to comprise digital assets as well as securities with a Made in America focus spanning diverse industries such as energy.”
The story is still developing.
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