DJT Stock Jumps. Trump Media Links With Crypto.com to Launch ETFs -- Barrons.com

Dow Jones

25 Mar

By Callum Keown

Shares in Trump Media & Technology Group surged Tuesday after the Truth Social parent announced it will partner with Crypto.com to launch a series of exchange-traded funds.

The stock, which trades under the ticker DJT, jumped more than 11% ahead of the open. Heading into regular trading, the shares have slumped close to 40% in 2025 after spiking late last year in the run up to President Donald Trump's election victory.

DJT was largely seen as a proxy for the chances of Trump returning to the White House and it has struggled since his victory was confirmed.

But Trump Media's nonbinding agreement with cryptocurrency exchange Crypto.com could finally give the shares some fresh impetus. The ETFs will be made up of digital assets and securities with a "Made in America focus," the company said in a press release. Crypto.com will provide the back-end technology and supply the cryptocurrencies for the ETFs, it added.

Bitcoin, Cronos, and other crypto assets will also be included in a "unique ETF basket" of cryptocurrencies, Trump Media added.

The announcement didn't do much for Bitcoin, which was trading at $86,500 early Tuesday -- down 0.5% over the past 24 hours. However, the price of Cronos, the token run by Crypto.com, soared more than 30% to $0.1072.

Write to Callum Keown at callum.keown@dowjones.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

March 25, 2025 05:15 ET (09:15 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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Trump Media Links With Crypto.com to Launch ETFs -- Barrons.com","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Callum Keown \n</p>\n<p>\n  Shares in Trump Media &amp; Technology Group surged Tuesday after the Truth Social parent announced it will partner with Crypto.com to launch a series of exchange-traded funds. \n</p>\n<p>\n     The stock, which trades under the ticker DJT, jumped more than 11% ahead of the open. Heading into regular trading, the shares have slumped close to 40% in 2025 after spiking late last year in the run up to President Donald Trump's election victory. \n</p>\n<p>\n     DJT was largely seen as a proxy for the chances of Trump returning to the White House and it has struggled since his victory was confirmed. \n</p>\n<p>\n     But Trump Media's nonbinding agreement with cryptocurrency exchange Crypto.com could finally give the shares some fresh impetus. The ETFs will be made up of digital assets and securities with a \"Made in America focus,\" the company said in a press release. Crypto.com will provide the back-end technology and supply the cryptocurrencies for the ETFs, it added. \n</p>\n<p>\n     Bitcoin, Cronos, and other crypto assets will also be included in a \"unique ETF basket\" of cryptocurrencies, Trump Media added. \n</p>\n<p>\n     The announcement didn't do much for Bitcoin, which was trading at $86,500 early Tuesday -- down 0.5% over the past 24 hours. However, the price of Cronos, the token run by Crypto.com, soared more than 30% to $0.1072. \n</p>\n<p>\n     Write to Callum Keown at callum.keown@dowjones.com \n</p>\n<p>\n     This content was created by Barron's, which is operated by Dow Jones &amp; Co. 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Trump Media Links With Crypto.com to Launch ETFs -- Barrons.com\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-03-25 17:15</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Callum Keown \n</p>\n<p>\n  Shares in Trump Media &amp; Technology Group surged Tuesday after the Truth Social parent announced it will partner with Crypto.com to launch a series of exchange-traded funds. \n</p>\n<p>\n     The stock, which trades under the ticker DJT, jumped more than 11% ahead of the open. 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Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 25, 2025 05:15 ET (09:15 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DJT","symbol_name":"特朗普媒体科技集团","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2522801922","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2522801922","pubTimestamp":1742894100,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares in Trump Media & Technology Group surged Tuesday after the Truth Social parent announced it will partner with Crypto.com to launch a series of exchange-traded funds.The stock, which trades under the ticker DJT, jumped more than 11% ahead of the open. 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Heading into regular trading, the shares have slumped close to 40% in 2025 after spiking late last year in the run up to President Donald Trump's election victory. \n\n\n     DJT was largely seen as a proxy for the chances of Trump returning to the White House and it has struggled since his victory was confirmed. \n\n\n     But Trump Media's nonbinding agreement with cryptocurrency exchange Crypto.com could finally give the shares some fresh impetus. The ETFs will be made up of digital assets and securities with a \"Made in America focus,\" the company said in a press release. Crypto.com will provide the back-end technology and supply the cryptocurrencies for the ETFs, it added. \n\n\n     Bitcoin, Cronos, and other crypto assets will also be included in a \"unique ETF basket\" of cryptocurrencies, Trump Media added. \n\n\n     The announcement didn't do much for Bitcoin, which was trading at $86,500 early Tuesday -- down 0.5% over the past 24 hours. 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