Trump Media has signed a non-binding agreement with Crypto.com to create exchange-traded funds (ETFs) focusing on digital assets and securities. This collaboration will leverage Crypto.com’s infrastructure and services.
The ETFs are expected to include significant digital assets such as Bitcoin (BTC) and Cronos (CRO). They will debut later this year upon receiving regulatory approval.
In addition, Trump Media intends to invest its cash reserves into Truth.Fi Separately Managed Accounts, although concerns about potential conflicts of interest regarding Trump’s involvement in crypto operations have been raised.