
Trump Media Partners With Crypto.com to Introduce American-Made Crypto ETFs
Trump Media and Technology Group, founded by Donald Trump, collaborates with Crypto.com to launch American-focused cryptocurrency ETFs.
Trump Media and Technology Group (TMTG), led by Donald Trump, has announced a partnership with crypto exchange Crypto.com and asset manager Yorkville America Digital to launch a series of exchange-traded funds (ETFs) with a distinct “Made in America” focus.
The official announcement, made on April 22, 2025, outlines plans for ETFs that will include a mix of digital assets and traditional securities across sectors such as energy.
These funds will be launched under Trump Media’s decentralized finance arm, Truth.Fi, and are anticipated to become available through Crypto.com’s broker-dealer, Foris Capital. Subject to regulatory approval, the ETFs are expected to debut later in 2025.
Trump Media to Invest in Its Own ETFs and Launch Truth.Fi Managed Accounts
As part of the initiative, Trump Media intends to allocate a portion of its cash reserves into these ETFs. The launch will also include a suite of Truth.Fi Separately Managed Accounts.
Legal guidance for the development and rollout is being provided by the prominent law firm Davis Polk.
The move fits within Trump Media’s broader fintech ambitions, leveraging up to $250 million held with Charles Schwab, following a partnership sealed earlier this year. This agreement follows a non-binding deal signed between Trump Media and Crypto.com in March.
The collaboration marks yet another crypto venture linked to Trump and his family. In October, the Trumps introduced World Liberty Financial, a crypto platform featuring its own token and plans for a stablecoin.
“We are excited to announce that Crypto.com will partner with Trump Media for ETFs, including a first of its kind ETF basket of cryptocurrencies,” said Crypto.com on Twitter.
Moreover, Eric Trump and Donald Trump Jr. have ventured into the crypto mining space with their project, American Bitcoin.
The news comes as optimism resurges in US crypto markets, with Spot Bitcoin ETFs seeing over $1 billion in inflows this week following recent outflows triggered by market volatility and concerns over Trump’s tariff policies initiated in early April.
After the announcement, Crypto.com’s native token, Cronos (CRO), surged 12% to $0.09, though it still significantly lags behind its 2021 peak of nearly $1.
Trump Media Executives Lead $179M SPAC Targeting US Crypto Acquisition
In April, it was revealed that executives from Trump Media & Technology Group are spearheading a $179 million SPAC, Renatus Tactical Acquisition Corp I, aimed at acquiring a U.S.-based crypto or blockchain company. The details were outlined in a March 14 regulatory filing.
The SPAC plans to fund its activities through a mix of public and private offerings, supported by key figures from Trump Media’s leadership.