Trump Media & Technology Group (TMTG), the parent company of social media platform Truth Social, has announced a non-binding agreement with Singapore-based cryptocurrency exchange Crypto.com to launch a new line of exchange-traded funds (ETFs).
Following the announcement on March 24, 2025, Trump Media shares(DJT) surged 9.4% in after-hours trading, reaching $22.99 per share.
The ETFs will be offered under the brand Truth.Fi combines digital assets and traditional securities and focuses on “Made in America” industries, including energy, infrastructure, and technology.
A Strategic Partnership With Crypto.com
The collaboration will see Crypto.com provide backend technology and custodial services and supply key digital assets, including Bitcoin(BTC) and Cronos(CRO), among other cryptos.
According to the announcement, the funds will be distributed through Crypto.com’s registered broker-dealer, Foris Capital US LLC, with plans to expand availability internationally later this year—pending regulatory approval.
Crypto.com, one of the world’s leading digital assets and custodial services firms, has actively attempted to expand its reach through institutional-grade infrastructure and regulatory compliance.
https://x.com/cryptocom/status/1880292114803966145
On January 17, 2025, Crypto.com announced that it had secured approval from Markets in Crypto-Assets(MiCA) in Europe. This announcement emphasizes the company’s ability to offer investment products globally while abiding by regulations.
By aligning with TMTG, Crypto.com provides technical capabilities, regulatory expertise, and existing customer access.
Moreover, the move helps Truth.Fi in gaining a foothold in both the U.S. and overseas markets.
Market Reaction and Investor Outlook
As of writing, TMTG is trading at $21.01. The support zone ranges between $19.80 and $20.10.
TMTG broke through the resistance within the last hour and could continue this upward trend.
The jump in DJT reflects increased investor confidence in the company’s direction. Shares of DJT rose significantly in early trading, a sign that markets are optimistic about TMTG’s strategic expansion into fintech and crypto-backed products.
Analysts suggest that the share price spike reflects enthusiasm for the crypto partnership and growing speculation around Truth Social’s monetization roadmap.
The DJT ticker—bolstered by political brand power—may benefit from short-term speculative trading and long-term ETF revenue projections.
Traders are also closely watching whether this move will set a precedent for other political or media-adjacent companies to enter the digital asset space through joint ventures or ETF product lines.
Support for American Innovation
TMTG CEO and Chairman Devin Nunes emphasized that the partnership’s goal is to develop investment products that support both emerging crypto ventures and U.S.-based companies.
“We want to offer products that are not influenced by ESG scores or woke capital but that promote American innovation and entrepreneurship,” Nunes stated.
This statement aligns with TMTG’s broader mission of establishing an economic ecosystem that reflects traditional American values while integrating cutting-edge financial technology—the Truth.Fi initiative may also appeal to conservative and libertarian-leaning investors seeking alternatives to what they perceive as politicized finance.
Additionally, the emphasis on energy and infrastructure sectors within the ETF lineup suggests a direct appeal to national priorities and voter-aligned themes ahead of the 2024 U.S. election cycle.
Kris Marszalek, Co-Founder and CEO of Crypto.com echoed this sentiment, noting that including CRO in these ETFs highlights the platform’s commitment to broadening access to regulated digital asset products.
He described the partnership as a “landmark moment” in integrating blockchain with mainstream investment solutions.
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