US president Donald Trump, Trump Media (DJT), is looking for a partner at Crypto Exchange Crypto.com to launch a series of exchanges exchanged (ETP) and Fund (ETF) products, The company said Monday.
ETPs include crypto assets and security from other sectors such as the energy industry, the announcement said. Crypto.com will provide backend technology, caution solutions, and crypto supply.
Investment vehicles are expected to launch in 2025, the press release said.
Trump’s media is the company behind reality in society, the social media platform that Trump often uses.
This is just the latest crypto initiatives that the President or his family supports. Trump and his entourage have released many NFT and Memecoins collections, not to mention their Defi Protocol, World Liberty Financial (WLFI).
DJT stock is more than 9% after time from the announcement.
