Trump Media Stock Jumps On Crypto ETF Deal Though Uncertainties Remain
Posted On March 25, 2025
Trump Media & Technology Group Corp (NASDAQ: DJT) surged 7.66% pre-market on Tuesday after announcing a deal with Crypto.com to launch exchange-traded funds (ETFs). The move marks another brand licensing play for President Donald Trump, echoing his past business ventures.
Trump’s Crypto Push
The ETFs, under Trump Media’s new fintech brand Truth.Fi, will mix digital assets like Bitcoin (CRYPTO: BTC) and Cronos with traditional securities. Available globally, they’re pending regulatory approval.
This follows Trump’s memecoin and NFT ventures, but whether it sparks a sustained stock rally remains uncertain.
Before this pop, DJT was down 38% this year and 58% over 2024. Despite a $4.6 billion market cap, the company remains …
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