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Trump Media and Technology Group Corp. And Crypto.com signed a non-binding agreement to launch a series of ETFs (negotiated funds on the stock market) in the United States, sending the native token of Crypto Exchange which arises more than 34%.
In addition to the increase in the price of CRO, the 24 -hour trading volumes against Altcoin have caused more than 1,286% Coinmarketcap data.
According to a March 24 Declaration by Trump Media, who exploits social truth and truth. ETFs are intended to be launched later this year.
They will be available via Foris Capital US LLC, which is the crypto.com broker, and open to investors in in the United States, Europe and Asia If regulatory approval is reachedthe instruction added.
Proud to associate with @RealdonaldtrumpSocial truth on a series of FNB, including the first ETF in the world with $ CRO
– Kris | Crypto.com (@Kris) March 24, 2025
As part of the agreement, Crypto.com will provide infrastructure and childcare services for ETFs, as well as to provide cryptos that are “manufactured in America” ​​for funds.
The digital asset basket can include leaders of the Bitcoin (BTC) and Ethereum (ETH) cryptographic market. Smaller altcoins such as XRP, Solana (Sol) and Cronos (CRO) could also be included in ETFs.
The CEO of Crypto.com, Kris Marszalek, said in the press release that the ETFs will be available on the crypto.com application “for” more than 140 million users of exchange worldwide “.
THE ETF Also planned to launch alongside a table of “Truth. Fi.Fi accounts managed separately (SMAS)”, added the declaration. TMTG plans to invest in FNB and SMAS using its own cash reserves.
In addition to the CRO price, responding positively to the announcement, Trump Media & Technology Group Corp has also increased in the past 24 hours.
Data from Google Finance shows that the share price for the company’s shares jumped 3% during yesterday’s negotiation session. Since yesterday’s fence, investors have continued to buy the action, resulting in almost 11% in trade before the market today.
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post url: https://altcoin.observer/trump-media-and-crypto-com-to-launch-the-etf-made-in-america/