Trump Media Company will launch a crypto-ETF

What is known

Partners expect to release products under the Truth.Fi brand by the end of the year, pending approval from regulators. TMTG will invest up to $250 million of its own funds in the funds and managed accounts.

Distribution will be ensured by Crypto.com through broker Foris Capital US LLC. After the launch, the products will become available to investors in the USA, Europe, and Asia.

TMTG CEO Devin Nunes stated that the agreement will help the company expand its presence in the financial services and digital assets sector.#CryptoMarketCapBackTo$3T #CryptoAdoption #BinanceAlphaAlert