Trump’s Crypto ETFs Are Coming! 🚀

Hey, folks! It’s your old buddy Mel Brooks here, and I’ve got the scoop on the latest from Trump Media. They’re jumping into the crypto ETF game, and I’m not talking about a little dip in the pool, I’m talking about a full-on cannonball! 🤯

Apparently, they’re partnering up with CryptoCom, because who doesn’t love a good buddy system, right? And what’s a partnership without a fancy announcement? They’re calling it Truth.Fi, because, you know, truth is what it’s all about… unless you’re talking about Trump’s hair, then it’s all about the ‘do! 😂

Trump Media and Crypto ETF Plans

So, 💡

TMTG CEO Devin Nunes is all about this, and I’m not just saying that because I love a good Nunes pun. He wants to create investment options that are all about growth, development, and American values. You know, the usual stuff. Unless you’re talking about Trump’s values, then it’s all about winning, folks! 🏆

And if you’re wondering how they’re gonna make all this happen, don’t worry, they’ve got a plan. They’re gonna work with Foris Capital US LLC, Crypto.com’s broker-dealer, because who needs a middleman when you can have a middle-middleman? 🤔

Terms of the CryptoCom Partnership

So, 🤪

And the best part? These ETFs will be available to a global audience, because who doesn’t love a good global party? And with CryptoCom’s 140 million users worldwide, you’ll be able to access these products through their app. Because, you know, who needs a website when you can have an app? 📱

The collaboration is all about expanding investment opportunities for digital asset traders and traditional investors looking for exposure to the cryptocurrency market. Because, you know, it’s all about the benjamins, baby! 💸

And if you’re wondering when all this is gonna happen, don’t worry, they’ve got a timeline. They’re expecting to launch these ETFs later this year, pending regulatory approval and the signing of a definitive agreement. Because, you know, nothing says “exciting” like a bunch of lawyers and bureaucrats! 📝

And finally, Trump Media plans to introduce Separately Managed Accounts (SMAs) under the Truth.Fi brand. Because, you know, who needs a simple ETF when you can have a SMA? 🤔

Complementing the Trump Brand With WLFI

Still, the ETFs and SMAs will be part of TMTG’s broader financial strategy, which includes an investment of up to $250 million. Because, you know, when you’re a billionaire, you can afford to throw around some cash! 💸

And if you’re wondering what else Trump’s been up to, well, let’s just say he’s been investing in blockchain projects through the World Liberty Financial (WLFI) project. Because, you know, who doesn’t love a good blockchain party? 🎉

And finally, Trump’s World Liberty Financial has deployed a stablecoin on the BNB Chain. Because, you know, when you’re a billionaire, you can afford to deploy a stablecoin! 💸

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2025-03-25 02:09