Odaily Planet Daily News Odaily Planet Daily News, Trump Media and Crypto.com signed a non-binding agreement to launch a series of exchange-traded funds (ETFs) in the United States, covering digital assets and securities, which are expected to go online later this year.
Crypto.com will provide infrastructure and custody services, and the ETF may include assets such as Bitcoin, Ether, Solana, XRP, and will be launched in the United States, Europe and Asia.
In addition, Trump Media's Truth.Fi plans to launch a separately managed account (SMA) and invest.
Democratic lawmakers criticized Donald Trump for his involvement in the crypto industry in recent years, calling his memecoin TRUMP a "scam" and related transactions have brought more than $100 million in revenue to Trump-related entities. (Cointelegraph)