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Trump Media & Technology Group (TMTG) is venturing into digital finance with a new line of crypto ETFs under the ‘Truth.Fi’ brand. Partnering with Crypto.com and Yorkville America Digital, the firm aims to blend traditional finance with digital assets. The move has already sparked a rally in Trump-related stocks and memecoins.
- TMTG partners with Crypto.com and Yorkville America Digital to launch 'Truth.Fi' crypto ETFs, blending digital assets with traditional sectors like energy.
- The ETF announcement spurred a 5% rise in TMTG shares and a 7% jump in the TRUMP memecoin, though the token remains far below its all-time high.
- Trump-linked entities control around 80% of the TRUMP memecoin supply, but Trump's personal involvement remains unclear.
📎 Related coverage from: cryptoslate.com