Trump's Media Company Finalizes Partnership With Crypto.com For 'Made In America' ETFs

President Donald Trump's media company, Trump Media and Technology Group (TMTG), has finalized its partnership with prominent cryptocurrency trading platform partnership was first announced late last month, but it was only finalized Tuesday through a binding agreement, paving the way for the upcoming launch of exchange-traded funds (ETFs) that include crypto Media, eye late 2025 ETFs launchAccording to the companies, the ETFs will be made available through Foris Capital U.S. LLC., 's broker ETFs will comprise "digital assets as well as securities with a Made in America focus spanning diverse industries such as energy." If everything goes as planned, especially with the regulatory process, the digital asset ETFs may be launched later this year."This agreement is a major step forward in diversifying TMTG into financial services and digital assets. We're gratified to work with great partners, and Yorkville America Digital, and look forward to bringing ETFs to the market for investors who believe both the American economy and digital assets are poised for tremendous growth," TMTG CEO Chairman Devin Nunes said in a from the ETFs, the partner firms are also planning to launch a series of " Separately Managed Accounts (SMAs)."TMTG is planning to invest in the ETFs and SMAs through its own cash reserves.$CRO users hail milestoneFor many crypto users on X, the partnership is a major milestone in the crypto space, considering how a U.S. president's media company has gone big on crypto CEO Kris Marszalek said Tuesday's binding agreement is "one step closer to history." Notably, Trump isn't part of TMTG's management leadership; however, he owns a huge stake in the company. Instead, his son, Donald Trump Jr., is a member of the crypto users, especially those holding the CRO token, the native token of the Cronos Chain, the decentralized blockchain developed by , celebrated the big U.S. president has yet to make a comment on the partnership. He has not promoted any other cryptocurrency except his own meme coin, Official Trump (TRUMP), but he did express support for the broader crypto has also signed an executive order that establishes a national strategic Bitcoin reserve, as well as a digital assets president has embraced crypto since securing his second presidency. In the first month of his presidency, Bitcoin hit an all-time high, but volatility remains across the board due to various economic factors, including Trump's trade war.