Trump Media & Technology Group Corp. (TMTG) is teaming up with Crypto.com to introduce a series of “Made-in-America” exchange-traded funds (ETFs). The arrangement will see the former President’s social media company working with the Singapore-based firm, which was involved in a legal dispute with US regulators last year.
According to a statement released on Monday, the parent company of Truth Social will sell ETFs related to digital assets and other US-focused investments through a platform owned by Crypto.com. These products are slated to be available in the US, Europe, and Asia this year, contingent upon regulatory approvals.
Crypto.com will provide the cryptocurrencies and the underlying technology for the ETFs. They will be accessible via Foris Capital, a New Hampshire-based platform that Crypto.com acquired last year.