Trump Media Shares Jump in the announcement of ETF Deal with Crypto.com

Actions of Trump Media It jumped around 9% in extended operations on Monday after the parents of the president’s social media company announced An agreement with Crypto.com to launch a series of funds quoted in exchange and related products.

The company, which runs the social platform of Truth, has been beaten by investors so far this year despite President Donald Trump’s Return to the White House. Before the gain outside hours, the stock dropped 38% in 2025.

In Monday’s press release, Trump Media said ETFs and products quoted in exchange will have an “made in the United States” approach and will be launched later this year, subject to regulatory approval. It is President Trump’s latest raid in Crypto, after his family introduced several chips and memecoras not with Trump’s brand and announced plans to start a cryptographic bank somehow.

The announcement also further blurred the line between the president’s commercial companies and their policy agenda.

Trump is the majority owner of Trump Media, who has a market capitalization of approximately $ 4.6 billion. It is a small business and money burning. Trump Media reported last month Lose $ 400 million In 2024, while receiving $ 3.6 million in income.

Much of the work to take the new ETFs to the market will fall to Crypto.com and its American affiliate, Foris Capital, a family agreement for Trump, which has allowed other companies to develop products with their name and brand.

The CEO of Crypto.com, Kris Marszalek, in the statement, promoted access to a “brand with a loyal follower.”

The funds will be marketed under TMTG Fintech brand newly releasedTruth. According to the press release, the encryption exchange “will support backend technology, will provide custody and supply cryptocurrencies for ETFs,” which include a unique basket of digital assets such as Bitcoin and Cronos (token native to Crypto.com), along with traditional values ​​that cover industries such as energy.

If the ETFs are launched, they will be available internationally, even in Europe and Asia, on the main brokerage platforms and through the Crypto.com application, which has 140 million users worldwide.

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