Trump Media surges on partnership with Crypto.com to launch ETFs on Truth.Fi

Trump Media surges on partnership with Crypto.com to launch ETFs on Truth.Fi

** Shares of Trump Media & Technology Group up ~8% at $22.77 premarket; on track for biggest daily pct. gain since mid-January, if current gains hold** President Trump's co after market hours on Monday said it was partnering with Crypto.com to launch ETFs and products through its Truth.Fi brand** Says ETFs to be available through Crypto.com's broker-dealer Foris Capital; will include digital assets, securities with a "Made in America focus" across various industries** Funds planned for launch later this year, to be available internationally, co adds** DJT down ~38% YTD through last close; stock has declined ~59% in the past 12 months

Reuters