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Apr 23, 2025 6:27 AM - Parth Sanghvi
Image credit: Art Rachen
Trump Media & Technology Group (TMTG), the parent company of Truth Social, announced a major strategic move on Tuesday—its entry into the financial services and digital assets space. The company has signed a binding agreement to roll out a series of retail investment products, including cryptocurrencies and exchange-traded funds (ETFs) aligned with America First economic policies.
TMTG's initiative is part of a preliminary deal with:
Crypto.com, a global digital asset platform
Foris LLC, a broker-dealer with regulatory ties
Yorkville America Digital, a financial advisory affiliate of Yorkville Advisors
The company plans to launch these investment products later this year, pending regulatory approvals. This includes ETFs and crypto-based instruments, potentially opening new frontiers for Trump-aligned investors in the U.S. and abroad.
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Crypto Currency Free API.
The announcement represents a bold attempt by Trump Media to diversify revenue streams beyond social media and streaming into financial innovation, particularly digital assets and retail investing.
CEO Devin Nunes stated the goal is to offer ETFs for investors who believe in “the American economy and digital assets.”
The move follows other Trump-linked crypto projects, including NFTs, a meme coin, a stake in American Bitcoin, and a new exchange, World Liberty Financial.
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Cryptocurrency Historical Data API.
As of now, no ETF filings have been submitted to the SEC. However, in a related development, Crypto.com recently disclosed that the SEC had closed its 2024 investigation into the platform without any enforcement action.
While the move is still in early stages, TMTG's push into ETFs and crypto could mark one of the most high-profile crossovers between politics, finance, and digital assets. Whether this strategy leads to sustained investor interest or regulatory hurdles remains to be seen.
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