Crypto News

Trump Media to team up with CRIPTO.com in ETF

The media company of President Donald Trump signed an optional contract with a partner with CRIPTO.com in the offer of offline funds.

Trump Media and Technology Group, which launches Trump Platform for Social Media, the Truth Social, said Monday partnership.

The announcement noted that ETFs would offer exposure to investors cryptocurrency like Bitcoin, Cronosand “a variety of industries such as energy.”

The Director General of TMTG and the President Devin Nunes said that it seems that it seemed to create inventive resources that include firms concentrating rapid growth, technological innovation and strengthening the American economy. “

The firm did not immediately answer DecipherQuestions.

Cripto.com offers customers to be a Digital Function Trading Platform. It also launched a debit card that allows customers to implement the crypto and the earnings of the awards.

The company added Monday announcement that was once launched, the ETFS would be available on CRIPTO.com.

ETFS are popular investment vehicles to trade stock exhibitions and exposure to investors under basic means. SEC is the green light gave the BitCoin ETFS last year, which led to the capital of capital into the space. 11 funds currently traded now manage about 100 million dollars of property. Ethereum– They have notied funds for about 2.5 billion netows.

The success of these funds is request Main assets managers to submit the range of ETFS monitoring Altcoin, including Litecoin, Dosekoin, Cardano and Solana.

In front of his November victory, President Trump promised In order to help Regulations for Crypto and the arrangement of the slope. Numerous leaders in the industry were strongly donated to the Trump presidential campaign.

So far, many of his promises in the campaign are stuck, including slowing down Strategic Bitcoin Reserve.

Decipher export Monday is that President Trump supported decentralized financial financial financial financial financial finances launched his own stablecoin.

Edited James Rubin

Update (24. March 2025, 18:38 ET): Adds the Nunes Quote and the background.

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2025-03-25 00:46:00

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