US President Donald Trump’s media company, Trump Media (DJT), seeks to join Crypto Exchange Crypto.com to launch a series of products negotiated in exchange (ETP) and funds (ETF), the company announced on Monday.
ETPs will include cryptographic assets and titles from other sectors such as the energy industry, the announcement said. Crypto.com will provide backend technology, childcare solutions and crypto offer.
Investment vehicles should be launched in 2025, according to the press release.
Trump Media is the company behind Truth Social, the social media platform frequently used by Trump.
This is only the last of the crypto initiatives supported by the president or his family. Trump and his entourage have published several NFT and same collections, not to mention their DEFI protocol, World Liberty Financial (WLFI).
DJT action has increased by more than 9% after working hours since the announcement.
