Trump Media & Technology Group is diving headfirst into cryptocurrency with new "Made in America" ETFs. Partnering with Crypto.com, TMTG plans to launch funds focusing on U.S. securities, Bitcoin, and Cronos by late 2025. DJT stock jumped 8% on the news. Truth.Fi, the company's fintech arm, will manage these patriotic investment vehicles with a $250 million commitment. Charles Schwab will serve as custodian. The financial world's watching this bold expansion beyond Truth Social.
As Trump Media & Technology Group (TMTG) continues its expansion beyond social media, the company has announced a bold move into cryptocurrency markets. The firm has partnered with Crypto.com to launch a series of "Made in America" ETFs, focusing on U.S.-based securities and digital assets including Bitcoin and Cronos. Talk about diversification. This marks yet another venture for the company that already operates Truth Social and Truth+ streaming services.
TMTG's latest crypto venture with Crypto.com shows they're going all-in on digital assets with an America-first approach.
The market loved it. DJT stock jumped more than 8% after the announcement. No surprise there. Investors seem pretty excited about TMTG's push into the digital asset space, especially with the "Made in America" theme that aligns with conservative political values.
Truth.Fi, TMTG's fintech arm launched in January 2025, will manage these ETFs. They're slated to hit the market later in 2025 – assuming regulators give the green light. Nothing's guaranteed in crypto land. The company plans to invest up to $250 million in these products, showing they're not just dipping their toes in the water.
The ETFs will be available through Crypto.com's broker-dealer, Foris Capital, on an international scale. Charles Schwab will serve as custodian. Access won't be a problem – these funds will be available worldwide through the Crypto.com App, which boasts over 140 million users. That's a lot of potential investors.
Crypto.com isn't just lending its name. They're providing the backend technology and custody services for the ETFs, supplying cryptocurrencies too. The partnership seems to benefit both sides. Cronos (CRO) prices increased after the announcement. Bitcoin is currently trading at over $87,000 showing strong market performance. Money talks.
It's worth noting this is all based on a non-binding agreement. Plans change. The launch timeline depends on regulatory approval – always a wild card in crypto. TMTG is pitching these ETFs as supporting rapid growth and technological innovation in U.S. companies. Patriotic investing, if you will. Following the pattern seen in mainstream NFT coverage, financial media has provided mostly positive coverage of this venture, with 41% of crypto reporting typically taking an optimistic stance.
Alongside the ETFs, Truth.Fi will also launch Separately Managed Accounts (SMAs). The company's clearly trying to build a full-fledged financial services arm. From social media to streaming to financial products – TMTG's empire keeps growing. Whether this bold bet on crypto pays off remains to be seen. But one thing's certain – they're not thinking small.
