Trump Media & Tech plans to collaborate with Crypto.com to launch a America First ETF
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Trump Media & Tech and Crypto.com plan to launch multiple exchange-traded funds (ETFs) later this year, which will track digital assets and securities focused on American manufacturing. Crypto.com will provide technical support and cryptocurrency services. Trump Media & Tech plans to invest in the ETFs using its own cash reserves, with a global issuance expected. The group's CEO Devin Nunes stated that the goal is to create innovative funds focused on rapidly growing and technologically innovative companies. On Monday after-hours trading, Trump Media & Tech's stock price rose over 9%
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