Crypto.com Collaborates with Trump Media to Introduce a Succession of Exchange-Traded Funds (ETFs)
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Hey there, crypto enthusiasts! Let's get straight into the latest crypto news that's been causing a stir. Trump Media and Technology Group (TMTG) has teamed up with Crypto.com to revolutionize the financial space through a collaboration focusing on exchange-traded funds (ETFs) and digital asset investment products.
According to the latest press release, these ETFs will make a strong emphasis on American-made digital assets, marking TMTG's grand entry into financial services. With regulatory approval still on the agenda, the ETFs are set to drop later this year.
Devin Nunes, TMTG's CEO and Chairman, is ecstatic about this partnership. "This agreement is a significant stride in expanding TMTG into financial services and digital assets," Nunes said. "We’re excited to collaborate with top-tier partners, Crypto.com and Yorkville America Digital, and can’t wait to debut ETFs for investors who believe in the potential growth of both the American economy and digital assets."
Kris Marszalek, Co-Founder and CEO of Crypto.com, agrees with Nunes' enthusiasm. "Crypto.com is the ultimate bridge connecting crypto and traditional finance," he mentioned. "This partnership allows Trump Media ETFs to have global distribution thanks to the Crypto.com platform. It's a big win for TMTG, Crypto.com, CRO, and Yorkville America Digital."
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[Sources: 1, 4, 5]
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- The collaboration between Trump Media and Technology Group (TMTG) and Crypto.com is set to revolutionize the financial space, focusing on exchange-traded funds (ETFs) and digital asset investment products.
- Kris Marszalek, Co-Founder and CEO of Crypto.com, has expressed excitement about the partnership, stating that it will enable TMTG's ETFs to have global distribution.
- The ETFs, which will emphasize American-made digital assets, mark TMTG's grand entry into financial services. However, regulatory approval is still pending for the launch this year.
- In the realm of altcoins, Flock.io has partnered with Alibaba Cloud on advanced AI model co-creation, an industry announcement covered by The Daily Hodl.
- The DT Hodl's coverage extends beyond Bitcoin and Ethereum, delving into trading, blockchain, regulators, and more, offering a comprehensive take on the world of finance and cryptocurrency.
- To stay updated on the latest stories in cryptocurrency, finance, and business, follow The Daily Hodl on Telegram, Facebook, and subscribe to their newsletter for email alerts, without missing a beat.
