COINOTAG News reports that as of March 25, Trump Media and Technology Group (TMTG) has entered into a preliminary partnership with the cryptocurrency exchange Crypto.com. This collaboration aims to develop a series of exchange-traded funds (ETFs) and associated financial products under its brand Truth.Fi. The anticipated launch is set for 2025, contingent upon regulatory approvals and the finalization of their agreement.
The upcoming fund is designed to leverage Crypto.com’s expertise in cryptocurrency custody and technological support. It will encompass a variety of assets, including Bitcoin and Cronos, while also integrating securities linked to the “Made in America” initiative, spanning diverse sectors such as energy. TMTG is prepared to allocate up to $250 million of its own capital for this venture, with custodianship provided by Charles Schwab.