The week started with a bullish news from team resident Donald Trump. Earlier today, Trump Media announced These are the intention to work together in leading crypto exchange – Crypto.com. Through the collaboration, Trump Media would launch crypto exchange-related funds (ETFs) and Exchange-Trade Products (ETPs). The official announcement reads,
“Has signed a non-binding agreement to collaborate with Crypto.com, the most important crypto-trade platform in America, to launch a series of the stock market traded funds and listed products (joint” ETFS “) via the Truth.fi brand”
The announcement further stated that the brokerage citizen for the ETFs foris Capital US LLC would be via Crypto.com. And interesting is that the ETFs are not limited to the digital currency industry. The announcement stated that they “are expected to include digital assets, as well as effects with a made in America Focus that spans different industries such as energy.”
The story is still developing.
