The company plans to launch an exchange-traded fund (ETF) and exchange-traded product (ETP) with the theme "America."
According to The Block on the 24th (local time), TMTG announced through a press release that it will be releasing the ETF and ETP through its fintech brand "Truth.Fi."
The ETF will reportedly include a range of digital assets, including Bitcoin (BTC), Cronos (CRO), and various cryptocurrencies in the U.S.
Crypto.com will be responsible for back-end technical support, asset custody and cryptocurrency supply, while Foris Capital will be responsible for the cryptocurrency exchange.
Through the US, the company plans to offer the fund through platforms and brokers in major markets across the US, Europe and Asia.
"We are pleased to join forces with Crypto.com and our partners at Yorkville Token Club," said Devin Nunes, CEO and Chairman of TMTG.
"We are excited to work with AT&T America to launch an America-first investment product that supports innovative crypto projects, great American companies, and cutting-edge technology."
"We will create a creative fund that focuses on growth and innovation and includes companies that will strengthen the U.S. economy," he said.
The ETF will be released alongside TruthFinance's separately managed account (SMA) product. Charles
Schwab plans to store up to $250 million in assets.
Marszalek said, “We are working with TruthSocial (DJT) and Yorkville America to launch the first ETF to offer a basket of tokens including Cronos (CRO).”
"We are proud to launch it, providing consumers with more investment options through a brand with a loyal customer base," he said.
2025/03/25 14:09 KST
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