Trump and Crypto.com: The Unlikely Duo Launching ETFs That Will Make You Raise an Eyebrow!

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Ah, darlings! Gather ’round, for we have a delightful spectacle unfolding in the world of finance! Trump Media, the illustrious parent of Truth Social, has decided to join forces with none other than Crypto.com. Yes, you heard it right! They’re launching a series of ETFs and ETPs that promise to be as riveting as a West End musical! 🎭

These financial marvels will feature digital assets like Bitcoin (BTC) and Crypto.com Coin (CRO), alongside a smattering of securities that are as American as apple pie—think energy and all that jazz! The grand unveiling is set for later this year, provided the regulatory gods smile upon them. Fingers crossed! 🤞

Now, let’s not forget that Crypto.com will be providing the backend technology, custody solutions, and a veritable cornucopia of crypto supply. This is merely the latest in a series of crypto capers orchestrated by Trump and his family. They’ve already dazzled us with NFT collections, memecoins, and even their own DeFi protocol, World Liberty Financial (WLFI). Who knew they had such a flair for the digital arts? 🎨

These funds are poised to launch globally—yes, even in the U.S., Europe, and Asia—through existing platforms and brokerages. It’s a veritable world tour of investment opportunities! 🌍

TMTG CEO Devin Nunes, bless his heart, is positively giddy about this partnership with Crypto.com and Yorkville America. He assures us that these investment products will support American businesses, innovative technologies, and crypto ventures, all while keeping political agendas at bay. How very noble! 🦸‍♂️

Kris Marszalek, the co-founder and CEO of Crypto.com, is equally thrilled, declaring his pride in this partnership and the launch of these new ETFs, which will include a first-of-its-kind basket of tokens featuring CRO. It’s all very avant-garde, isn’t it? 🎩

And let’s not overlook the fact that the ETFs will be launching alongside Truth.Fi Separately Managed Accounts (SMAs). TMTG plans to invest its own cash reserves—up to a staggering $250 million, mind you—managed by none other than Charles Schwab. It’s a financial extravaganza that would make even the most seasoned investors swoon! 💸

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2025-03-25 05:38