Trump crypto ETFs launch with Crypto.com as part of a bold ‘Made in America’ push, signaling a new era in U.S.-backed digital investments.
A Bold Step into Crypto-Infused Finance
Trump Media and Technology Group has partnered with Crypto.com to launch a digital payment option alongside True Social. They will launch exchange-traded funds (ETFs) based on investments in America, consisting of securities from America and digital assets like Bitcoin and Cronos (CRO).
Finalized in April, the deal will bring ETFs focusing on industries “Made in America,” including energy, technology, and other new sectors. These funds will be launched under Truth. FI, a decentralized finance brand of Trump Media, with distribution via Foris Capital, a registered broker-dealer of Crypto.com.
A Strategic Timeline for Launch
Regulatory approval of the ETFs is expected before their launch in 2025. Trump Media is funding the initiative from its cash on hand, with the development process taking place with legal advice from Davis Polk. The assets tied to these funds will also be managed by Yorkville America Digital.
This action leverages an earlier non-binding agreement and Trump Media’s broadened fintech aspirations. Earlier this year, it secured a Charles Schwab partnership to custody $250 million in capital to fund these new products and investment portfolios under the Truth.Fi umbrella.
Expanding the Trump Family’s Crypto Footprint
This partnership is a step forward in the growing crypto connection with the Trump family. In the last few months, they have also launched the digital platform World Liberty Financial, which has its own token and a stablecoin coming soon. They invested in American Bitcoin, a mining project, to help the U.S. cryptographic infrastructure.
Following the announcement, the market reacted positively, with the price of Crypto.co’m’s native token, Cronos, increasing 12%. Nonetheless, the cryptocurrency is still far from its all-time high achieved in 2021.
Broader Implications for Crypto and Traditional Finance
In the future, Crypto.com wants to have a Cronos spot ETF and a stablecoin for the platform before the end of the year. These steps are part of its larger strategy to better link digital and traditional finance, making it easier for both to connect.
By entering the ETF space, Trump Media is clearly betting on the future of American-led innovation in finance. Connecting digital assets to national economic values is a belief that digital currencies with real-world backing (and which are U.S.-centric) have a bright future.
Conclusion
The partnership between Trump Media and Crypto.com marks a big move towards merging old-fashioned finances with the fast-growing new world of digital cash. The ETFs designed to target “Made in America” industries are positioned to attract investors looking for plays in both traditional markets and newfangled blockchain technology.
With eyes on the launch in 2025, it will be interesting to see how the ETFs perform and if they can create a place for themselves. For now, this partnership reflects a united vision toward using digital innovation to empower America’s global economic dominance, and it marks a decisive moment for DeFi.
