Trump Media looks to partner with crypto.com to launch ETFs 🇺🇸
Trump Media has entered into a non-binding agreement with Crypto.com to launch a series of exchange-traded funds (ETFs) focused on digital assets and securities in the United States. The collaboration will utilize Crypto.com's infrastructure to introduce ETFs featuring a 'Made in America' theme.
The proposed ETFs will include a diverse range of tokens, such as Bitcoin and Cronos, and are intended for an international audience, targeting markets in the US, Europe, and Asia.
Concerns arise from Democrat lawmakers regarding potential conflicts of interest between Trump's presidential duties and his involvement in the crypto sector, including controversies surrounding the TRUMP memecoin and its substantial trading fees.
Source: cointelegraph.com ↗
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