Trump Media Plans Partnership with Crypto.com to Launch ETPs and ETFs
Trump Media (DJT) is partnering with Crypto.com to launch exchange-traded products (ETPs) and funds (ETFs) that will include crypto assets and securities from sectors like energy. Key points include:
- Crypto.com will handle backend technology, custody solutions, and crypto supply.
- Launch is anticipated in 2025.
- DJT stock rose over 9% in after-hours trading following the announcement.
- Trump Media operates Truth Social and has previously engaged in NFT collections and memecoins.