(Reuters) -President Donald Trump’s media company Trump Media & Technology Group said on Monday it is partnering with Crypto.com to launch exchange-traded funds and products through its Truth.Fi brand.
Shares of Trump Media, which operates social media platform Truth Social, rose more than 3% after the bell.
The ETFs, which will be available through Crypto.com’s broker-dealer Foris Capital, will include digital assets as well as securities with a “Made in America focus” across various industries, according to a statement.
The funds are planned to be launched later this year and will be available internationally including the U.S., Europe, and Asia.
(Reporting by Juby Babu in Mexico City; Editing by Vijay Kishore)
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source: https://theprint.in/tech/trump-media-teams-up-with-crypto-com-to-launch-etfs-on-truth-fi/2563451/
