Another Cryptocurrency Move from Donald Trump! He has partnered with a Crypto Exchange for Altcoin ETFs!

Trump Media and Technology Group, the company behind Truth Social, announced a strategic partnership with Crypto.com to launch a series of exchange-traded funds (ETFs) and exchange-traded products (ETPs) under its FinTech brand Truth.Fi.

The collaboration formalized with a non-binding agreement aims to promote investment products that include securities focused on U.S. industries such as digital assets and energy. Crypto.com's intermediary distributor Foris Capital US LLC will carry out the launch with Crypto.com providing technological infrastructure, custody services, and cryptocurrency offerings. The proposed ETFs will have a selected digital asset basket including Bitcoin, Cronos, and other cryptocurrencies.

The launch of ETFs awaiting regulatory approval and the final agreement is expected to occur this year, making them accessible in major markets including the United States, Europe, and Asia through existing financial platforms and brokerage firms.

TMTG CEO and Chairman of the Board Devin Nunes expressed his excitement about the initiative, stating:

"We are excited to join Crypto.com with our partner Yorkville America to launch America First investment products that support innovative crypto ventures, great American companies, and the latest technologies. We aim to create creative funds free from nonsense and political stances, focusing on firms that prioritize rapid growth, technological innovation, and strengthening the US economy. Investors will finally have options that support superior US companies that are principled and fully focused on their core businesses."