Trump Media Stakes $250M on Made in America Crypto ETFs
Trump Media has partnered with Crypto.com and Yorkville America Digital to launch a series of Made in America crypto-focused ETFs under its Truth.Fi brand, marking its formal entry into the digital asset investment market.
Trump Medias New ETF Initiative
On April 22, Trump Media and Technology Group (TMTG) announced a partnership with Crypto.com and Yorkville America Digital to launch a series of exchange-traded funds (ETFs) under its fintech brand, Truth.Fi. The move, revealed via a press release on April 22, marks TMTGs latest push into the digital asset and financial services sector.
The binding agreement follows a non-binding deal proposed last month, with the firms now set to bring a range of Made in America ETFs to market. These funds will incorporate a mix of cryptocurrencies and traditional securities, with a thematic focus on American industries.
Crypto.com and Yorkville to Power TMTGs ETF Strategy
As part of the agreement, Crypto.com will handle backend infrastructure, custody services, and provide cryptocurrencies for the new ETFs. The digital asset basket is expected to feature bitcoin, cronos, and other tokens. The products are anticipated to debut later in 2025, pending regulatory clearance, and will be distributed through Crypto.coms broker dealer, Foris Capital US LLC.
Yorkville Advisors, a long-time financial partner of TMTG, will also play a key role in the ETF initiative. A Yorkville subsidiary will serve as the asset manager for the funds, while Yorkville itself remains the registered investment advisor for TMTGs other financial offerings, including those managed via Charles Schwab.
TMTG plans to invest up to $250 million of its own capital into these upcoming financial products.
A Deeper Financial Relationship Between TMTG and Yorkville
The financial ties between TMTG and Yorkville have deepened over the past year. In 2024, the companies entered a standby equity purchase agreement, which provided TMTG with a mechanism to raise capital by selling shares to Yorkville at a discounted rate. This arrangement allowed TMTG to secure roughly $450 million in funding, as reported in SEC filings.
Such agreements offer companies like TMTG guaranteed access to capital markets, while allowing firms like Yorkville to acquire shares at favorable prices for potential resale at market rates.
TMTGs Strategic Expansion Beyond Truth Social
Originally known for its social media platform, Truth Social, TMTG began diversifying its portfolio in early 2024 with the launch of Truth.Fi. This fintech venture was designed to develop financial products and services, including separately managed accounts through Charles Schwab. The partnership with Crypto.com signals the groups formal entry into the ETF space.
Over the past year, TMTG has made steady progress in broadening its digital asset presence. Following the debut of a streaming platform and other crypto-linked ventures including initiatives backed by Donald Trump and his family the company is positioning itself to capitalize on the growing intersection of finance, technology, and digital assets.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice
Read more: https://cryptodaily.co.uk/2025/04/trump-media-stakes-250m-on-made-in-america-crypto-etfs
Text source: Crypto Daily™
