Trump Media and Technology Group (TMTG) announced a collaboration with Crypto.com on Tuesday to introduce a series of exhibition -related funds (ETFs) under the Truth.fi brand.
According to a new press releaseThe planned ETFs will concentrate on digital assets and effects, in which a ‘made in America’ theme is emphasized, whereby the access of TMTG to financial services is marked.
The company stated that the approval of the regulations is still required, and the ETFs are expected to debut later this year.
Says TMTG CEO and chairman Devin Nunes,
“This agreement is an important step forward in the diversification of TMTG to financial services and digital assets. We are happy to work with great partners, crypto.com and Yorkville America Digital, and look forward to bringing ETFs on the market for investors who believe that both the US economy and digital assetiva are ready for a huge growth.”
The partnership also includes Yorkville America Digital, a business management company that specializes in ETFs and digital assets.
Crypto.com and Yorkville representatives both emphasized the growth potential of this company.
Says Kris Marszalek, co-founder and CEO of Crypto.com,
“Crypto.com is the leading platform to bridge crypto and traditional finances, and this agreement is proof of those possibilities.
This partnership gives the Trump media ETFS global distribution powered by the crypto.com platform. It is a victory for Trump Media, Crypto.com, CRO and Yorkville America Digital. “
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Featured image: Shutterstock/svetlana_smirnova