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Trump Media Announces Intention to Partner with Crypto.com to Launch ETFs

Core Viewpoint - Trump Media and Technology Group Corp. (TMTG) is set to launch a series of America-First investment funds in partnership with Crypto.com, focusing on digital assets and securities with a Made in America emphasis, expected to launch in 2025 [1][2][3] Group 1: Company Overview - TMTG operates the social media platform Truth Social, the streaming service Truth+, and the FinTech brand Truth.Fi, aiming to provide investment products that align with conservative values [1][5] - The company plans to invest up to $250 million in these new financial products, which will be custodied by Charles Schwab [4] Group 2: Partnership Details - The partnership with Crypto.com will leverage their technology and custody services to support the ETFs, which will include a basket of cryptocurrencies such as Bitcoin and Cronos [2][4] - The ETFs will be available internationally, including in the U.S., Europe, and Asia, through existing platforms and brokerages [3] Group 3: Market Positioning - TMTG's CEO emphasized the goal of creating investment options that support American companies and technological innovation, free from political influences [4] - Crypto.com, with over 140 million users, aims to enhance consumer options through these new ETFs, which will be accessible via their app [4][6]