Key Takeaways:
- Trump Media and Crypto.com are launching U.S.-focused ETFs integrating crypto and traditional assets, pending regulatory approval.
- The ETFs will be offered via Crypto.com’s Foris Capital and include investment from Trump Media’s reserves.
- This initiative extends Trump-linked crypto ventures, including prior collaborations and new mining and token projects.
Trump Media and Technology Group has partnered with crypto exchange Crypto.com to launch a series of “Made in America”-themed exchange-traded funds (ETFs) focused on U.S.-centric digital assets and industries.
Announced on April 22, the initiative includes asset manager Yorkville America Digital and will offer ETFs combining cryptocurrencies and traditional securities, particularly in sectors like energy.
JUST IN: Trump Media officially finalizes partnership with Crypto․com to launch ETFs.
— Watcher.Guru (@WatcherGuru) April 22, 2025
The products, developed under Trump Media’s decentralized finance division, Truth.Fi, will be distributed via Crypto.com’s broker-dealer, Foris Capital.
Scheduled for a late 2025 launch, the ETFs are currently pending regulatory approval.
Trump Media plans to invest some of its cash reserves into the funds, which will also complement Truth.Fi’s Separately Managed Accounts.
Legal oversight is being provided by law firm Davis Polk.
This collaboration follows a January deal with Charles Schwab, which granted access to $250 million in custodial assets, and builds on a March agreement between Trump Media and Crypto.com.
The move adds to a growing list of crypto-related ventures involving the Trump family,
including World Liberty Financial and a crypto mining project called American Bitcoin.
Following the announcement, Crypto.com’s token Cronos (CRO) rose 12%, reflecting market enthusiasm.