Could Trump’s latest venture into cryptocurrency be the next big financial revolution? President Trump’s media company is making waves in the digital asset space with a groundbreaking partnership that has investors buzzing.
At a glance:
• Trump Media shares jumped 9.4% following announcement of partnership with Crypto.com
• The collaboration will launch Truth.Fi ETFs combining digital assets with “Made in America” securities
• ETFs will focus on strengthening the US economy across various sectors including energy
• Crypto.com will provide technical support, custody services, and cryptocurrency supply
• Products expected to launch globally later this year pending regulatory approval
Trump Media Shares Surge on Crypto.com Partnership
Trump Media & Technology Group has seen its stock surge after announcing a major partnership with cryptocurrency platform Crypto.com. The collaboration aims to launch new Exchange-Traded Funds (ETFs) under the Truth.Fi brand, combining digital assets with securities focused on bolstering American industries.
The announcement sent Trump Media shares up by 9.4% initially, with the stock closing 3.8% higher at $21.01. The positive movement comes despite the company’s stock being down 38% year-to-date, providing a much-needed boost for investors.
Devin Nunes, CEO of Trump Media, stressed the company’s commitment to creating investment products that prioritize American economic growth. The Truth.Fi ETFs will incorporate both digital assets and securities from various US industries, reflecting a patriotic investment approach.
America-First Investment Strategy
The partnership is a significant expansion for Trump Media as it ventures into the financial services sector. Truth.Fi products will feature a distinct “Made in America” focus, targeting investors who want to support domestic economic growth while gaining exposure to digital assets.
Singapore-based Crypto.com will provide crucial technological infrastructure, custody services, and cryptocurrency supply for the new ETFs. The collaboration leverages Crypto.com’s expertise in digital asset management while aligning with Trump’s increasingly pro-cryptocurrency stance.
🚨🇺🇸 TRUMP MEDIA SIGNS DEAL WITH CRYPTOCOM TO LAUNCH AMERICA-FIRST ETFs
Trump Media & Technology Group has inked a non-binding deal with CryptoCom to launch a series of ETFs under its TruthFi brand.
The funds will focus on U.S.-based companies, energy, and a basket of… https://t.co/uxBSk6lp3P pic.twitter.com/fWZn4satwr
— Mario Nawfal (@MarioNawfal) March 24, 2025
Kris Marszalek, CEO of Crypto.com, noted the benefits for consumers and the strong brand loyalty among Trump supporters. The partnership hopes to attract both domestic and international investors interested in combining traditional securities with innovative digital assets.
Trump’s Expanding Crypto Vision
This latest venture aligns with President Trump’s evolving stance on cryptocurrency. The President has recently appointed David Sacks as his “crypto czar” and launched his own digital tokens, including $TRUMP and $MELANIA meme coins.
Trump has also signaled strong support for the cryptocurrency industry through executive orders establishing a strategic Bitcoin reserve and digital asset stockpile. The Truth.Fi ETFs are expected to launch globally later this year, pending regulatory approval.
Despite reporting $400 million in losses last year, Trump Media’s market capitalization remains substantial at approximately $4.6 billion. The Crypto.com partnership displays a strategic effort to diversify revenue streams beyond social media and into the rapidly growing digital asset market.
