Trump Media partners with Crypto.com on ETF offerings
The Chairman of the Board of Directors gives Kevin Olyer his view of the encoded currency in the framework of the Trump administration and interacts with a special advisor to the Treasury and is commenting on the problems within the Tax Authority.
The Trump Media & Technology Group Group announced on Monday that it is cooperating with Crypto.com to launch the boxes on the stock exchange (ETFS) and other products through its brand.
president Donald Trump’s Media Company will offer the investment funds circulated through Crypto.com Middle Capital, which will include digital assets and securities with “Made in America Focus” through a variety of industries, including energy, according to the company.
ETF offers are also expected to include digital assets with a unique basket of cryptocurrencies, including Bitcoin. Crypto.com will support the technique of the back interface and nursery, while handling the coded currency supplies for these investment funds.
Companies are planning to launch the investment funds circulating later this year pending organizational approval, and money will be available at the international level, including in the United States, Europe and Asia through current platforms and mediation.
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Devin Nunes, Trump’s CEO, described investment offers as “uncharged through nonsense and political positions.” (Dylan Hollsworth / Bloomberg via Getty Images / Getty Images)
“We aim to create innovative funds that include companies that focus on rapid growth, technological innovation and the promotion of the American economy, without exceeding nonsense and political positions,” said Divin Nones, CEO of TMTG. “Investors will finally have options that adhere to their principles that support superior American companies that carefully focus on their basic business.”
Chris Marzelik, co -founder and CEO of Crypto.com, said the offers will include a “unique basket of symbols, including CRO”, adding that it will provide investors more options in the market.
He added: “ETFS will give these consumers more options from a brand with loyal followers. Once launch, ETFS will be available on the Crypto.com app for more than 140 million users worldwide.”
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ETF offers will include a basket of cryptocurrency. (Explanation of the image by Chesnot / Getty Images / Getty Images)
ETF’s launch is expected to occur along with the Trump Media TROMP Media menu. Separately managed accounts (SMAS).
Trump Media plans to invest in SMAS and ETFS with up to $ 250 million of its cash reserves, which Charles Schwab will work.
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In February, Trump Media applied to six investment products for brands that track Bitcoin, US -Energy and Energy sectors. The brands include real.
Reuters contributed to this report.
2025-03-25 21:11:00
