Trump Media Teams Up with Crypto.com to Launch Bitcoin and Cronos ETFs Under Truth.Fi Platform

Apr 22, 2025 - 16:36
Apr 22, 2025 - 17:35
Trump Media Teams Up with Crypto.com to Launch Bitcoin and Cronos ETFs Under Truth.Fi Platform
Trump Media Teams Up with Crypto.com to Launch Bitcoin and Cronos ETFs Under Truth.Fi Platform

In a bold move into the fintech space, Trump Media & Technology Group (TMTG) the parent company of Truth Social has announced a strategic partnership with Crypto.com and Yorkville America Digital. The collaboration aims to roll out exchange-traded funds (ETFs) focused on digital assets like Bitcoin (BTC) and Cronos (CRO) through TMTG’s new fintech arm, Truth. Fi.

Trump Media Expands into Fintech with Digital Asset ETFs

This marks TMTG’s official entry into the financial technology sector. The initial ETFs, which will track the performance of Bitcoin and Cronos, are set to be distributed via Foris Capital US LLC, a registered broker-dealer operated by Crypto.com.

Launched in January 2025, Truth. Fi was created as a next-generation financial platform. At its inception, TMTG pledged up to $250 million in funding to support the development of ETFs and separately managed accounts (SMAs) under its umbrella. Charles Schwab has been appointed as the fund custodian, lending credibility and institutional trust to the initiative.

This announcement builds on a non-binding agreement shared earlier in March, signaling TMTG’s growing ambition to merge technology, media, and finance. In addition to ETFs, the company also plans to roll out Truth. Fi-branded SMAs, although specific details are yet to be released.

Pending regulatory approval, these financial products are expected to launch globally, with distribution planned across the U.S., Europe, and Asia.

Crypto.com Pushes Boundaries with 2025 Growth Strategy

As a major distribution partner, Crypto.com is playing a pivotal role in bringing these digital asset ETFs to the global stage. CEO Kris Marszalek highlighted the partnership as a significant step toward bridging traditional and digital finance, a core theme in the company’s 2025 vision.

Looking ahead, Crypto.com has ambitious plans for the year:

  • Q4 2025: Filing for a Cronos (CRO) spot ETF
  • Q3 2025: Launching a platform-native stablecoin, designed to power cross-border payments, increase platform liquidity, and enhance DeFi (decentralized finance) integration

While specific technical details of the stablecoin have yet to be disclosed, its introduction is expected to streamline financial services across Crypto.com’s ecosystem.

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