Crypto.com announced a partnership with Trump Media & Technology Group (Nasdaq: DJT) (TMTG) and its partner, Yorkville America, to support and power a series of TMTG-branded ETFs comprising digital and non-digital assets, including an ETF basket of “cryptocurrencies incorporating CRO and other crypto assets.”
Crypto.com will support the backend technology, “supported by its recognized industry leading security certifications.”
Additionally, Crypto.com will provide all custody for the ETFs through its U.S. trust company, “the Crypto.com Custody Trust Company, and supply all the cryptocurrency for these ETFs.”
The ETFs will be able to be purchased “through Crypto.com’s broker dealer, Foris Capital US LLC.”
Kris Marszalek, Co-Founder and CEO of Crypto.com said:
“We are proud to partner with Trump Media and Yorkville America, and to support the launch of these new ETFs, including the first of its kind basket of tokens including CRO. These ETFs give consumers more options from a brand with a loyal following. Once launched, these ETFs will be available on the Crypto.com App for our more than 140 million users around the world.”
Truth Social will make the requisite filing with the SEC in the near future. Once approved, the ETFs will “be available to Crypto.com users in eligible jurisdictions.”
Founded in 2016, Crypto.com is trusted by “more than 140 million customers worldwide and is the industry leader in regulatory compliance, security and privacy.”
Their vision is: Cryptocurrency in Every Wallet.
Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation and empowering “the next generation of builders, creators, and entrepreneurs to develop a fairer and more equitable digital ecosystem.”
The mission of TMTG is to end Big Tech’s assault on free speech “by opening up the Internet and giving people their voices back.”
TMTG operates Truth Social, a social media platform “established as a safe harbor for free expression amid increasingly harsh censorship by Big Tech corporations, as well as Truth+, a TV streaming platform focusing on family-friendly live TV channels and on-demand content.”
TMTG is also launching Truth.Fi, “a financial services and FinTech brand incorporating America First investment vehicles.”