Trump Media and Technology Group (TMTG) launched a new cooperation with Crypto.com, the crypto currency platform. Within the scope of the partnership, under the Truth.fi brand, investment products focused on both crypto currencies and American sectors will be developed. These products will be structured similarly to stock market investment funds (ETF) and separately managed accounts (SMA). The aim is to provide more flexible and diversified financial solutions to investors. The investment products, which are expected to be launched towards the end of the year, are planned to be open to global access subject to legal regulations.
Which areas do new products cover?
The investment instruments to be developed under the Truth.fi brand will not be limited to crypto currencies. It will provide investment in strategic American sectors such as energy. The products will be packaged in a similar way to ETF format and will create a wide option pool for investors.
TMTG aims to provide investors to provide solutions supported by blockzincir technologies beyond classic stock market products. In this respect, attractive options for both digital and traditional investors are planned to be created. Thanks to the SMAs under the roof of Truth.fi, investors will be able to manage their portfolios more customized.
TMTG’s investment plan of approximately $ 250 million coincides with the strategy of increasing financial diversity. For the safety of the products, storage services will be provided through Charles Schwab. Thus, it is aimed to provide investors at both technical and institutional levels.
How was the partnership structured?
The partnership between TMTG and Crypto.com includes not only product development, but also technology infrastructure and operational services. Crypto.com; It will provide crypto money supply, storage services and transaction infrastructure for ETFs. It is foreseen that the products will be delivered to investors through Foris Capital US LLC.
Cooperation is designed to allow global investors to diversify their portfolios. This approach aims to address both crypto currency investors and traditional investors. Truth.fi is one of the planned strategies to introduce the brand in the international arena.
TMTG CEO Devin Nunes announced that the investment instruments to be developed will be growing growth independently of political impacts. Crypto.com CEO Kris Marszalek stressed that the innovative ETF structure will offer special solutions for global investors.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
