{"id":18879,"date":"2025-03-24T22:32:05","date_gmt":"2025-03-24T22:32:05","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=18879"},"modified":"2025-03-24T22:32:05","modified_gmt":"2025-03-24T22:32:05","slug":"trump-media-looks-to-partner-with-crypto-com-to-launch-etfs","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=18879","title":{"rendered":"Trump Media looks to partner with crypto.com to launch ETFs"},"content":{"rendered":"
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\"Trump<\/p>\n

Trump Media has signed a non-binding agreement with Crypto.com to launch a series of exchange-traded funds in the US.<\/p>\n

Trump Technology Group Corp (TMTG) \u2014 the operator of the social media platform Truth Social and fintech brand Truth.Fi is also part of the agreement \u2014 which is subject to regulatory approval, according<\/a> to a March 24 statement from Trump Media. <\/p>\n

The parties plan to launch the ETFs later this year through Crypto.com\u2019s broker-dealer, Foris Capital US LLC. The ETFs will consist of digital assets and securities with a \u201cMade in America\u201d focus.<\/p>\n

Crypto.com will provide the infrastructure and custody services to supply the cryptocurrencies for the ETFs, which may include a basket of tokens, including Bitcoin (BTC<\/a>), Cronos (CRO<\/a>), and others.<\/p>\n

The parties involved expect the ETFs to be widely available internationally, including in US, Europe, and Asia.<\/p>\n

\"Security,
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Source: <\/em>Cointelegraph<\/em><\/a><\/p>\n<\/figcaption><\/figure>\n<\/p>\n

The ETFs are anticipated to launch alongside a slate of Truth.Fi Separately Managed Accounts (SMA), which TMTG also plans to invest in with its cash reserves.<\/p>\n

Related: <\/strong><\/em>Who\u2019s running in Trump\u2019s race to make US a \u2018Bitcoin superpower?’<\/strong><\/em><\/a><\/p>\n

The potential ETF launch would mark yet another crypto-related endeavor involving US President Donald Trump.<\/p>\n

However, Democrat lawmakers claim that conflicts of interest have already arisen between Trump\u2019s presidential duties and the Trump Organization\u2019s ownership of the crypto platform, World Liberty Financial, in addition to the Official Trump (TRUMP) memecoin that launched three days before he was inaugurated.<\/p>\n

House Representative Gerald Connolly recently referred to the TRUMP token<\/a> as a \u201cmoney grab\u201d that has allowed Trump-linked entities to cash in on over $100 million worth of trading fees.\u00a0<\/p>\n

Democrat Maxine Waters also criticized Trump\u2019s memecoin<\/a> on Jan. 20, referring to it as a rug pull and that its launch represented the \u201cworst of crypto.\u201d<\/p>\n

Magazine: <\/strong><\/em>Trump\u2019s crypto ventures raise conflict of interest, insider trading questions<\/strong><\/em><\/a><\/p>\n