Trump Media Shares Jump as Company Plans Crypto ETFs With Crypto.com

Crypto Update
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Trump Media and Technology Group (TMTG), social media platform Truth Social Company, A non-comprehensive agreement has been announced with Singapore-based Cryptocurrency Exchange Crypto.com To launch a new line of exchange-traded funds (ETF).

After the announcement on March 24, 2025, Trump Media Share (DJT) increased In the hourly trading, 9.4%reached $ 22.99 per share.

ETF will be introduced under brand Truth.fi Digital assets and traditional securities combine and focus on “Made in America” ​​industries, including energy, infrastructure and technology.

A strategic partnership with crypto.com

Cooperation will watch crypto.com Provide backnd technology and custodial services and supply major digital assetsInvolved Bitcoin (BTC) And Chronos (CRO)Between other cryptos.

According to the announcement, there will be money distributed Through the registered broker-deale of crypto.com, foreis Capital US LLC, this year’s plan to expand the international level availability as well as regulatory approval.

Crypto.com, one of the world’s major digital assets and custodial services firms, has actively attempted to expand its reach through institutional-grade infrastructure and regulatory compliance.

https://x.com/cryptocom/status/18802921148039666145

On January 17, 2025, Crypto.com announced that it had obtained approval from markets in Crypto-asset (MICA) in Europe. This announcement emphasizes the company’s ability to offer investment products globally, following the regulations.

By aligning with TMTG, crypto.com provides technical capabilities, regulatory expertise and existing customer access.

In addition, this step helps in truth. In one foot in both America and foreign markets.

Market response and investor outlook

As a writing, TMTG is trading at $ 21.01. The support area is between $ 19.80 and $ 20.10.

TMTG broke through resistance within last hour and can continue the trend above.

Jumping into DJT has increased the trust of investors under the direction of the company. DJT shares Early trade increased significantlyOne indication is that the markets are optimistic about strategic expansion in TMTG’s fintech and crypto-supported products.

Analysts suggest that The share price spikes reflects enthusiasm for crypto partnership And the growing speculation around the mudification roadmap of Satya Social.

DJT tick- political brands call with power- can benefit from alphemky speculative trading and long-term ETF revenue estimates.

Traders are also seeing whether this step will set an example for other political or media-unseasonal companies to enter the digital asset location through joint venture or ETF product lines.

Support for American innovation

TMTG CEO and Chairman Dewin Nuns insisted that the partnership aims to develop investment products Both support emerging crypto ventures and US-based companies.

“We want to offer products that are not affected by the ESG score or Vok Capital, but it promotes American innovation and entrepreneurship,” Nuns said.

The statement aligns with a broad mission of the installation of an economic ecosystem of TMTG that reflects traditional American values ​​integrating state-of-the-art financial technology-truth. The FI initiative may also appeal to conservative and bastard-blow investors what they believe as political finance.

Additionally, the emphasis on energy and infrastructure sectors within the ETF lineup suggests a direct appeal for national priorities and voter-based subjects before the 2024 US election cycle.

Chris Marszalek, the co-founder and CEO of Crypto.com, echoed the spirit, given that these ETFs highlight the platform’s commitment to regulate digital asset products including CROs.

He described the partnership as “as”Landmark moment“In integrating blockchain with mainstream investment solutions.

Post Trump media shares jump as Crypto ETF plan with Crypto.com Appeared first Cryptonuse,


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