President Donald Trump’s media group is partnering with Singapore-based crypto exchange Crypto.com to launch crypto-friendly investment funds later this year.
The duo plans to create a series of exchange-traded funds (ETFs) and other exchange-traded products (ETPs) under the Truth.Fi brand, a fintech company operated by the Trump Media and Technology Group (TMTG), according to a statement released Monday. ETPs are financial products that trade on the stock market, like stocks or bonds. ETFs are a type of ETP that allow people to invest in multiple assets at once.
