Trump Media and Crypto.com are planning global ETFs for digital assets
Munich (IT BOLTWISE) – Trump Media & Technology Group (TMTG) is expanding its business area and is planning to introduce ETFs for digital assets in cooperation with Crypto.com and Yorkville America Digital. This initiative marks a significant step in the integration of traditional and digital financial channels.
Trump Media & Technology Group (TMTG), known for the Truth platform Truth, has a partnership with Crypto.com and Yorkville America Digital to launch a number of Exchange-Traded Funds (ETFs) that focus on digital assets. These products are covered by Bitcoin (BTC) and Cronos (CRO) and expelled via Foris Capital US LLC, the registered broker dealer from Crypto.com. The administration takes place via Truth.Fi, the Fintech platform from TMTG, which was started in January 2025. TMTG has undertaken to invest up to $ 250 million in ETFs and separately managed accounts (SMAS). Charles Schwab was named as the storage of the funds. This announcement follows a non-binding declaration in March, and in addition to the ETFs, Trump Media also plans the introduction of Truth.Fi-Branded SMAs, although no further information has been published. After receiving regulatory approval, the products are to be introduced worldwide with a rollout in the USA, Europe and Asia. Crypto.com plays a key role in the international distribution of the ETFs of Trump Media. The CEO of Crypto.com, Kris Marszalek, describes the partnership as part of the more comprehensive strategy of the platform to integrate traditional and digital financial channels. As part of his timetable for 2025, crypto.com plans to submit an application for a cronos (CRO) Spot ETF in the fourth quarter. In addition, the introduction of a platform-owned stable coin is planned for the third quarter of 2025. Although only a few details are known, the StableCoin cross -border transactions, the liquidity of the platform and integration into the decentralized financial world (Defi) should support. Troy Rillo, CEO of Yorkville America Digital, confirmed ETF cooperation as a strategic development that aims to reconcile new financial products with the interests of the domestic market.
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