Trump Media Stock Surges on Plan to Work With Crypto.com to Offer ETFs

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Bill McColl

Tue, Mar 25, 2025, 7:42 AM 1 min read

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Trump Media & Technology Group is partnering with Crypto.com to connection exchange-traded funds to investors.
The ETFs are expected to beryllium made up of cryptocurrencies and securities with a "Made successful America" focus.
The program is acceptable to motorboat aboriginal this year.

Shares of Trump Media & Technology Group (DJT) surged 9% Tuesday, a time aft President Donald Trump's societal media steadfast teamed with cryptocurrency trading level Crypto.com to connection exchange-traded funds (ETFs).

The relation of the Truth Social site, the Truth+ streaming platform, and Truth.Fi fiscal exertion marque announced that the products would beryllium launched aboriginal this twelvemonth done Truth.Fi.

The statement calls for the ETFs to beryllium made disposable done Crypto.com's broker trader Foris Capital US LLC, and "are expected to comprise integer assets arsenic good arsenic securities with a Made successful America absorption spanning divers industries specified arsenic energy." Trump Media said the offerings are to see "a unsocial ETF handbasket of cryptocurrencies incorporating Bitcoin, Cronos, and different crypto assets."

Trump Media CEO Devin Nunes explained that the purpose is "to make inventive funds incorporating firms that ore connected accelerated growth, technological innovation, and strengthening the U.S. economy."

Even with today's gains, Trump Media & Technology Group shares person mislaid a 3rd of their worth this year.