22-4-2025 – Trump Media & Technology Group (TMTG) has solidified its partnership with cryptocurrency powerhouse Crypto.com and investment specialist Yorkville America Digital to introduce novel exchange-traded funds through its fintech venture, Truth.Fi.
The collaboration marks a strategic expansion of TMTG’s portfolio, which already encompasses Truth Social and Truth+. Under this binding agreement, Crypto.com will furnish essential infrastructure, including custody services and cryptocurrency provisions for the innovative ETF offerings.
These investment vehicles, slated for a 2025 debut subject to regulatory greenlight, will showcase a distinctive blend of cryptocurrency-linked equities and digital assets, emphasising American enterprise. The products are poised for worldwide distribution across established trading platforms through Crypto.com’s licensed broker-dealer arm, Foris Capital US LLC.
Devin Nunes, at TMTG’s helm as CEO and Chairman, heralded the partnership as a pivotal moment in the company’s venture into financial services. The initiative has already garnered substantial backing, with TMTG’s board sanctioning an investment of up to $250 million from corporate reserves to bolster these financial products.
The Trump family’s engagement in digital finance extends beyond this venture, with several members championing World Liberty Financial, where the former president serves as “Chief Crypto Advocate”. The project has enlisted Charles Schwab for custodial and advisory services for its forthcoming Separately Managed Accounts.
Kris Marszalek, who co-founded and leads Crypto.com, emphasised the partnership’s significance in bridging traditional and digital finance. Meanwhile, Troy Rillo, steering Yorkville America Digital, expressed optimism about market reception to these America-centric investment products.
Legal guidance for the initiative is being provided by Davis Polk & Wardwell LLP, whilst earlier announcements have hinted at potential investments in Crypto.com’s utility token, cronos, and energy sector equities.
This arrangement, evolving from last month’s preliminary agreement, represents a significant stride in melding conventional investment vehicles with digital assets, whilst maintaining a distinctly American focus.