Trump Media Wants to Partner with Crypto.Com for ETP Issuance

Former President Donald Trump's media company, Trump Media, is partnering with Crypto.com to launch exchange-traded products (ETPs) and funds (ETFs) featuring crypto assets and securities from various sectors, including energy, by 2025. Crypto.com will supply the necessary technology and custody solutions. This initiative follows Trump's previous ventures into cryptocurrency, including NFT collections and a DeFi protocol. Following the announcement, DJT stock surged over 9% after hours. Dive deeper into this evolving intersection of politics and cryptocurrency! This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: CoinDesk