Trump Media, Crypto.com, Yorkville to Launch ‘America-First’ ETFs

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Hold Onto Your Wallet: Trump’s New ETFs Are Coming and They’re “America-First”!

Well, well, well. It seems Trump Media and Technology Group (TMTG)—the masterminds behind Truth Social, because, of course, social media needed more drama—have decided to dip their toes into the wild world of ETFs. That’s right, they’re teaming up with Crypto.com and Yorkville America Digital to launch a whole new batch of exchange-traded funds. Forget the usual boring stocks and bonds, these bad boys are going to be “Made in America” with a sprinkle of digital assets for that crypto twist. You know, for those who like their money with a side of unpredictability. 🚀💸

What’s the plan? Well, according to the masterminds, they’ll be mixing “sectors like energy and manufacturing” with, wait for it, crypto. Because why settle for plain old energy when you can throw in some digital nonsense and make it sparkle? 💥 This little financial Frankenstein will be managed under the ever-innovative Truth.Fi—because why wouldn’t a company best known for its social media platform be trusted with your money?

If regulators don’t suddenly develop a sense of humor and shut it all down, these ETFs could go live sometime later this year. Plans are already in place to offer these puppies across the U.S., Europe, and Asia. Because if you’re going to lose money, why not make it an international affair? 🌍

Devin Nunes, TMTG’s CEO and Chairman (no, we’re not sure how that fits into the grand scheme of things either), expressed his uncontainable excitement about diversifying into financial services and digital assets. “We’re gratified to work with great partners,” he said, as if Crypto.com and Yorkville America Digital weren’t exactly the kinds of partners that keep you up at night wondering what’s next.

Meanwhile, Kris Marszalek, CEO of Crypto.com, is just thrilled about the partnership, because why wouldn’t he be? “This is how traditional finance and crypto can work together,” he boldly proclaimed. Yep, sure. A little bit of traditional finance, mixed with a whole lot of digital chaos—what could go wrong? 💥💰

Troy Rillo, CEO of Yorkville America Digital, just can’t hide his glee either, calling this agreement a “key milestone” for his company’s “America-First” focus. Who knew that focusing on America could be so… profitable? 🇺🇸

But wait, there’s more! TMTG isn’t just launching ETFs. Oh no, they’re also rolling out Separately Managed Accounts (SMAs). How original! They’re planning to invest up to $250 million of their own funds into this financial extravaganza. And for those wondering who will be looking after this lovely pile of money, Charles Schwab—because of course—will handle custody. 🏦

And in case you thought this couldn’t get more bureaucratically delightful, the law firm Davis Polk & Wardwell LLP is involved. Because if you’re going to launch something this wild, you’ll need a good lawyer to pretend it’s all perfectly normal.

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2025-04-22 16:12