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Trump Media and Technology Group Corp and Crypto.com have signed a non -binding agreement to launch a series of traded investment funds (traded boxes on the stock exchange) in the United States, sending the original code for Crypto Exchange more than 34 %.
Along with the increase in the price of CRO, 24 -hour trading volumes rose more than 1,286 %, according to Coinmarketcap Data.
Trump Media and Crypto.com will be available at the international level
According to March 24 statement From the media, Trump, which manages social and truth. ETFS is targeted to launch later this year.
It will be available through Foris Capital Us LLC, which is Crypto.com, an intermediary, and is open to investorsThe United States, Europe and Asia If organizational approval is achievedThe statement added.
I am proud to partner with RealdonaldtrumpThe social fact of a series of traded investment funds, including the world’s first investment funds with $ CRO https://t.co/qw1k1o8V
Chris Crypto.com (KRIS) March 24, 2025
As part of the agreement, Crypto.com will provide infrastructure and nursery services for the traded investment funds, as well as the “Made” for money.
The digital asset basket may include Bitcoin (BTC) and ETHEREUM (ETH). Small Altcoins such as XRP, Solana (SOL) and CRONOS (CRO) can also be included in traded investment funds.
CEO Crypto.com Chris Marzazalek said in the statement that the circulating investment funds “will be available on the Crypto.com application” for “more than 140 million users worldwide.”
the ETFS The statement also added that the launch alongside a group of “Truth.fi. TMTG plans to invest in both the traded investment funds and SMAS using its own cash reserves.
Trump is jumping on Crypto.com partnership news
In addition to the response of CRO positively to the advertisement, the Trump Media & Technology Group has increased within the past 24 hours as well.
Data from Google Financing He explains that the share price of the company’s stock jumped more than 3 % in the trading session yesterday. Since yesterday, investors have continued to buy shares, which led to an increase of approximately 11 % in pre -market trading today.
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