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Acrum Media Achil Jump on ETF announcement with Cripto.com

Thomas Fuller | Pictures of Sopa Lightrocket | Getti images

Actions Trump Media He jumped about 9% in extended trading on Monday after his parents presidential social media company announced The agreement with CRIPTO.com will launch a range of traded funds and related products.

The company, which drives the social platform of truth, has hampered investors so far this year despite President Donald Trump Back to the White House. Before working hours, the stock was reduced by 38% in 2025. Years.

In a press release on Monday, Trump Media said that ETFS and products traded at the exchange “Data in America” ​​will be launched later this year, are subject to regulatory approval. It’s the latest Prednik Trump on Cripto, after his family presented several celestial tokens and memes branded by Trump and announced boot plans Cripto Bank Type of species.

The announcement also further involves the line between the business venture of the President and its policy agenda.

Trump is the majority owner of Trump media, which has a market hat of about $ 4.6 billion. It’s tiny and money burning. Trump Media reported last month Loss $ 400m In 2024. years, while taking $ 3.6 million in revenue.

Much of the work in bringing new ETFs will fall on Cripto.com and its American associated capital, capital capital, known arrangement for Trump, who have long allowed other companies to develop products with its name and brand.

Cripto.com General Manager Kris Marszalek, in the statement, emphasized the approach “Brenda with a loyal next.”

The funds will be sold under TMTG Newly recognized Fintech BrandTruth.fi. According to the press release, Cripto Exchange will “support bank technology, providing detention and supply cryptocurrency for ETFS”, which are set to include a unique basket of digital property. Bitcoin and Cronos (born token cripto.com), together with traditional securities training industries such as energy.

If ETFS is running, they will be available at the international level, including in Europe and Asia, on the main brokerage platform and through the CRIPTO.com application, which struggled 140 million users.

Watch: Trump World Free Financial Projects say that sold $ 550 million in tokens

Trump World Project Financial Financial Financing Financials says that sold $ 550 million tokens

(Tagstotranslate) News: Politics (T) Donald J. Trump (T) BitCoin / USD Coin Metrics (T) Trump Media & Technology Group Corp (T) Fintech (T) CRIPTOCURRENCE (T) Bitcoin (T) Energy (T) policy

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2025-03-25 01:46:00

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