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Trump Media and Technology Group Corp. and Crypto.com have signed a non -binding agreement to launch a series of ETFs (funds exchanged exchanges) to the US, sending the native token of crypto exchange that climbs more than 34%.
At the same time CRO price increases, 24-hour trading volume for altcoin spiking more than 1,286%, according to CoinMarketCap Data.
Trump Media and Crypto.com etfs are available worldwide
According to a March 24th statement From Trump Media, which operates social and fact reality.fi, The ETFs are to target for next year's launch.
They are available by Foris Capital US LLC, which is Broker-Dealer of Crypto.com, and open to investors in the US, Europe and Asia If approved regulation is achievedthe statement added.
Proud to partner with @realdonaldtrumpThe reality of society in a series of ETFs, including the first ETF in the world $ Cro
– Kris | Crypto.com (@kris) March 24, 2025
As part of the agreement, Crypto.com will provide infrastructure services and caution for ETFs, as well as providing cryptos that are “made in America” for funds.
The basket of digital assets may include leaders of the Bitcoin (BTC) crypto (BTC) and ETHereum (ETH) market. Smaller altcoins such as XRP, Solana (Sol) and Cronos (CRO) can also be combined with ETFs.
CEO of Crypto.com Kris Marszalek said in a statement that ETFs “are available in the Crypto.com app for” over 140 million users worldwide. “
The Etfs is also planned to launch next to a range of “reality.fi separately managed accounts (SMA),” the statement added. TMTG plans to invest in both ETFs and SMAs using its own cash reserves.
Trump Media's stock jumped to the Crypto.com collaboration
In addition to the CRO response price positively in the announcement, Trump Media & Technology Group Corp has also increased in the last 24 hours.
Data from Finance on Google It is shown that the sharing price for the company's stock jumped more than 3% in yesterday's trading session. Since it was close yesterday, investors continued to buy stock, leading to almost 11% benefit to pre-market trading today.
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