Trump Media & Technology Group (TMTG) has signed a non-binding agreement with cryptocurrency exchange Crypto.com to explore the launch of exchange-traded funds (ETFs) focused on digital assets in the US.
The proposed ETFs will be launched through Crypto.com’s broker-dealer arm, Foris Capital US LLC, pending regulatory approval.
The ETFs are expected to feature a “Made in America” theme and may include a diversified mix of digital assets and securities.
Trump Media plans to introduce Truth.Fi Separately Managed Accounts (SMAs), and Trump-linked ventures in the crypto space have drawn political scrutiny and regulatory concerns.