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Trump Media Technology Group (TMTG), led by President Donald Trump, is expanding into the exchange-traded fund (ETF) market through a strategic partnership with Crypto.com. The two companies will release a series of ETFs under the Truth.Fi brand, featuring a mix of cryptocurrencies and U.S.-focused securities.
These ETFs will go beyond crypto, including sectors like energy that are vital to the growth of the U.S. economy. The funds will be made available through Foris Capital US LLC, Crypto.com’s broker-dealer. Bitcoin and Cronos are expected to be prominent assets within the ETFs.
Supporting Companies Focused on Growth
TMTG CEO Devin Nunes highlighted that the goal of these ETFs is to support companies focused on growth while remaining free from political influence. He stated that the initiative is designed to offer investment options that align with American values and foster economic expansion.
Crypto.com will provide the technology, custody services, and crypto asset management for the ETFs. CEO Kris Marszalek shared that the funds will be accessible globally, including in the U.S., Europe, and Asia, via the Crypto.com app, which currently serves over 140 million users.
Pending regulatory approval, the ETFs are slated for launch later this year. TMTG also plans to offer Separately Managed Accounts (SMAs) under the Truth.Fi brand to cater to investors seeking more customized options.
Looking Ahead: This initiative further expands Trump Media's portfolio, which also includes World Liberty Financial (WLFI), a company that recently launched a stablecoin on the BNB Chain. Through these ventures, TMTG is diversifying into both traditional financial markets and the blockchain industry.
