Trump Media & Technology Group Partners with Crypto.com to Launch ETFs
Published: March 25, 2025 | By Bill McColl
Shares of the Trump Media & Technology Group (TMTG) experienced a notable surge of 9% on Tuesday after announcing a strategic partnership with cryptocurrency trading platform Crypto.com. This collaboration is aimed at creating and offering a series of exchange-traded funds (ETFs) that will focus on both cryptocurrencies and securities with a distinct "Made in America" emphasis.
Details of the Partnership
The new ETFs are set to be introduced later this year under the Truth.Fi financial technology brand, which is part of TMTG’s broader suite of services including the Truth Social platform and the Truth+ streaming service. According to the announcement, the ETFs will be available through Crypto.com’s broker dealer, Foris Capital US LLC.
In a statement regarding the partnership, TMTG CEO Devin Nunes highlighted the intention behind these investment products: "We aim to create inventive funds incorporating firms that concentrate on rapid growth, technological innovation, and strengthening the U.S. economy." The proposed ETFs are anticipated to feature a unique basket of digital assets, including major cryptocurrencies such as Bitcoin and Cronos, alongside traditional securities from various U.S.-based industries, particularly in the energy sector.
Market Reaction
The announcement elicited an immediate positive response from investors, marking a significant rebound for the stock of TMTG on Tuesday. Despite this upswing, it is important to note that the company’s stock has endured a challenging year, currently sitting at about one-third lower in value compared to the beginning of 2025. The partnership with Crypto.com reflects TMTG’s ambition to position itself at the intersection of technology and finance, capitalizing on the growing interest in cryptocurrency investment options among a wider audience.
Industry Implications
As more financial products enter the market that combine traditional investments with digital assets, this initiative could serve as a pivotal moment for investors looking to diversify their portfolios. The focus on "Made in America" securities potentially aligns with a broader economic trend emphasizing domestic production and investment in U.S.-based companies.
Overall, TMTG’s collaboration with Crypto.com signals an exciting development in the evolving landscape of finance and technology, particularly as investors increasingly seek innovative ways to engage with both conventional and digital assets.
As the initiative progresses, market watchers will be keen to see how these ETFs influence both TMTG’s performance and the broader investment environment in the coming months.
Share this article:
