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Trump Media and Crypto.com have finalized a partnership to launch 'Made in America' crypto ETFs globally by 2025, pending regulatory approval.
What’s the Scoop?
- Strategic Partnership: Trump Media collaborates with Crypto.com and Yorkville America Digital to launch 'Made in America' cryptocurrency ETFs.
- Global Distribution: ETFs featuring crypto and equities with an 'America-first' focus will debut internationally, pending regulatory approval.
- Crypto.com Backbone: Crypto.com will provide custody, backend technology, and supply of crypto assets for the ETFs.
- Regulation and Rollout: ETFs are slated for launch in 2025, supported by advisors like Charles Schwab and Davis Polk & Wardwell LLP.