HawkInsight

  • Contact Us
  • App
  • English

Trump Media Technology Group plans to launch a series of ETFs covering digital assets through the Truth.Fi brand during the year

Internet reports that Trump Media Technology Group (DJT.O) has signed a binding agreement with Crypto.com and asset management company Yorkville America Digital to launch a series of ETFs through the Truth.Fi brand. These ETFs will be available through Crypto.com's broker-dealer Foris Capital US LLC and are expected to include digital assets and securities with "Made in America" characteristics covering diversified industries such as energy. After receiving regulatory approval, the funds are expected to be launched later this year and will be widely available in international markets including the United States, Europe and Asia, covering existing platforms and brokers. These ETF plans will be launched together with a series of Truth.Fi Independent Managed Accounts (SMA). TMTG plans to invest in these ETFs and SMAs through its own cash reserves, as part of TMTG's Financial Services and FinTech strategy, which will use up to US$250 million in funds held by Charles Schwab.

Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.

NewFlashHawk Insight
More