America-First Investment Funds Set to Debut in 2025
SARASOTA, Fla. — Trump Media and Technology Group Corp. (Nasdaq: DJT), which operates the social media platform Truth Social, the streaming service Truth+, and the financial technology brand Truth.Fi, has entered into a preliminary agreement with Crypto.com. This collaboration aims to introduce a new lineup of exchange-traded funds (ETFs) and exchange-traded products under the Truth.Fi brand. These financial offerings will be facilitated through Crypto.com’s brokerage arm, Foris Capital US LLC, and will focus on digital assets and securities with an emphasis on American-made products, covering various sectors such as energy. The partnership will see Crypto.com providing technological infrastructure, custody services, and the cryptocurrencies needed for the ETFs, which are expected to feature a diverse basket of assets, including Bitcoin, Cronos, and other cryptocurrencies. The official launch of these funds is anticipated later this year, pending a definitive agreement and regulatory clearance, with plans for availability across markets in the United States, Europe, and Asia.
TMTG Leadership Expresses Enthusiasm
Devin Nunes, CEO and Chairman of TMTG, expressed excitement about the partnership with Crypto.com and Yorkville America. He emphasized the initiative’s goal to create investment products that support innovative crypto enterprises and American businesses while promoting technological advancements. Nunes stated that these funds aim to prioritize rapid growth and innovation, steering clear of political agendas that detract from business objectives. He asserted that investors will have access to investment options that align with their values, focusing on high-quality American companies dedicated to their core missions.
Crypto.com CEO Talks About the Partnership
Kris Marszalek, co-founder and CEO of Crypto.com, shared his pride in collaborating with Truth Social and Yorkville America to launch these groundbreaking ETFs, including a unique basket of tokens featuring CRO. He highlighted that these ETFs will provide consumers with more investment choices from a brand that has garnered a loyal following. Once operational, these funds will be accessible through the Crypto.com App, catering to over 140 million users globally.
Additional Financial Services Planned
The ETFs will be launched alongside a range of Separately Managed Accounts (SMAs) under the Truth.Fi brand. TMTG intends to invest in both the ETFs and SMAs using its own cash reserves, as part of a broader financial services strategy that involves an allocation of up to $250 million, which will be managed by Charles Schwab.
About TMTG
Trump Media and Technology Group is dedicated to countering the perceived suppression of free speech by large technology firms. TMTG operates Truth Social, a platform designed to protect free expression amid increasing censorship. Additionally, it manages Truth+, a streaming service committed to family-friendly content, and is working to establish Truth.Fi, focusing on financial services and investment options that reflect American values.
About Crypto.com
Founded in 2016, Crypto.com has gained the trust of over 140 million users worldwide and stands as a leader in regulatory compliance, security, and privacy within the cryptocurrency sector. The platform’s vision is clear: to have cryptocurrency accessible in every wallet. Crypto.com is dedicated to fostering the adoption of digital currencies through innovative solutions and empowering the next generation of innovators and entrepreneurs to build a more equitable digital economy.
Forward-Looking Statements Disclaimer
This press release includes forward-looking statements as defined by the U.S. Private Securities Litigation Reform Act of 1995. These statements extend beyond historical facts and encompass future plans, strategies, and outlooks for TMTG, Truth.Fi, and related products and services. The forward-looking statements are based on current expectations about future events, including product launches and regulatory approvals. While these expectations are considered reasonable, there are no guarantees regarding their realization. Forward-looking statements are subject to inherent risks and uncertainties, and actual results may differ significantly from those anticipated. Factors influencing these outcomes include economic conditions, competitive pressures, and the ability to launch new products successfully. Investors are advised to exercise caution and not rely solely on these forward-looking statements, as conditions may change.
Investor Relations Contact
Shannon Devine (MZ Group | Managing Director – MZ North America)
Email: [email protected]
Media Contact
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