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

Reuters
03-25
BUZZ-Trump Media surges on partnership with Crypto.com to launch ETFs on Truth.Fi

** Shares of Trump Media & Technology Group DJT.O 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

(Reporting by Deborah Mary Sophia in Bengaluru)

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