Trump Media & Technology Group (TMTG) has signed a non-binding agreement with cryptocurrency exchange Crypto.com to explore launching exchange-traded funds (ETFs) focused on digital assets in the U.S.

According to a statement by Trump Media on March 24, this agreement includes TMTG’s subsidiaries, such as Truth Social and its financial services division, Truth.Fi.

The proposed ETFs will be launched through Crypto.com’s broker-dealer branch, Foris Capital US LLC, pending regulatory approvals.

Upcoming ETFs to Focus on ‘Made in America’ Digital Assets

The ETFs are expected to feature a “Made in America” theme, including a diversified mix of digital assets and securities, potentially encompassing Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, and Cronos (CRO). Crypto.com will provide the necessary infrastructure and custody services for the ETFs.

“These ETFs will be available on the Crypto.com App for our more than 140 million users globally,” said Kris Marszalek, co-founder and CEO of Crypto.com. The firms also plan for wide international distribution, making the ETFs accessible across the U.S., Europe, and Asia via existing brokerage platforms.

Another significant milestone in our 2025 Roadmap – excited to be the exclusive partner of @realDonaldTrump’s Truth Social in launching three #ETFs, including a pioneering ETF basket featuring $CRO — Kris | Crypto.com (@kris) March 24, 2025

Additionally, Trump Media intends to launch a series of Truth.Fi Separately Managed Accounts (SMAs), committing a portion of its cash reserves to these portfolios, indicating a broader push by groups connected to Trump into the digital asset sector.

Trump has established connections with World Liberty Financial, a crypto platform owned by the Trump Organization, alongside the controversial “Official Trump” (TRUMP) meme coin that rolled out shortly before his 2024 inauguration. These ventures have attracted criticism from Democratic lawmakers; Rep. Sam Liccardo has introduced the MEME Act, which prohibits federal officials and their families from profiting off meme coins, specifically mentioning the $TRUMP token. He accused the President’s family of exploiting the public via meme coins, raising concerns of insider trading and foreign influence.

🚨President Trump’s $TRUMP Solana memecoin was discussed federally by Congressman Sam Liccardo, who called it a rugpull: “Trump’s partners and some investors based in China inflated the price.” — ALLINCRYPTO (@RealAllinCrypto) February 28, 2025

Key Takeaways

• Trump Media has signed a non-binding agreement with Crypto.com to launch U.S.-focused digital asset ETFs.
• The ETFs will feature a “Made in America” theme and may include assets like Bitcoin, Ethereum, and Solana.
• This move expands Trump-linked ventures into crypto, drawing political scrutiny and raising regulatory concerns.