Trump Media shares soar on news of deal with trading giant
Shares in Trump Media and Technology Group jumped 5.7% on Tuesday after the president’s social media firm announced a deal with Crypto.com to launch a series of exchange-traded funds.In a press release late on Monday, Trump Media said the exchange-traded funds and related products will have “a Made in America focus spanning diverse industries such as energy.”Crypto.com and its US affiliate, Foris Capital, are expected to launch the ETFs later this year, contingent on regulatory approvals, according to the p ...