Trump Media & Technology Group (TMTG) Partners with Crypto.com to Launch a Series of ETFs

President Donald Trump's media company, Trump Media & Technology Group (TMTG), has partnered with cryptocurrency exchange Crypto.com

President Donald Trump's media company, Trump Media & Technology Group (TMTG), has partnered with cryptocurrency exchange Crypto.com to launch a series of exchange-traded funds (ETFs) that will be supplied and have backend technology provided by the exchange, the firm announced Monday.

“Crypto.com will be providing the backend technology, custody and cryptocurrency for a series of TMTG-branded ETFs comprising digital and non-digital assets, including a first of its kind ETF ‘basket’ of cryptocurrencies. The basket will feature CRO (Cronos) and other crypto assets,” the statement read.

The partnership will also see the creation of ETFs that will offer consumers more options “from a brand with a loyal following.”

“We are pleased to be working with Trump Media & Technology Group and Yorkville America to provide technology and services for their new venture into ETFs, which will offer investors more choice and variety in their investment portfolios,” said Kris Marszalek, co-founder and CEO of Crypto.com.

“This partnership is a testament to our commitment to expanding the Web3 ecosystem and providing innovative solutions to meet the evolving needs of our users.”

According to Crypto.com, Truth Social will be making the requisite filing with the U.S. Securities and Exchange Commission (SEC) in the near future for the ETFs, which will then be approved and become available for purchase through Crypto.com’s broker dealer, Foris Capital US LLC, in "relevant" e-commerce jurisdictions.

The partnership with Trump’s media company comes as the exchange continues to expand its offerings in the U.S. Earlier this year, Crypto.com received approval from the Financial Industry Regulatory Authority to operate a clearing agency.

The partnership was also discussed by Marszalek during a live chat on X - formerly known as Twitter - with one user.

“We are very excited to be partnering with Trump Media & Technology Group to launch their first-ever ETF offering, which will be a series of TMTG-branded ETFs comprising digital and non-digital assets,” he said.

“This partnership is a significant milestone for both organizations and will bring new and exciting investment opportunities to consumers.

“It is also the first time that CRO will be included in an ETF, making it an even more interesting development for cryptocurrency investors.”

Those interested in learning more about the SEC filings for the CRO ETF were advised by Marszalek to “stay tuned to Crypto.com for updates.”

Trump Media, which is chaired by former president Donald Trump, has been expanding rapidly in recent months. In June, the company announced it was entering the financial services and financial technology (fintech) realm.

At the time, Trump Media said its board had approved an investment of up to $250 million to be custodied by Charles Schwab.

The announcement revealed that aside from traditional investments, the funds will also allocate some to the following financial products:

* Coins and cryptocurrency

* Digital assets

capital raising