Trump Media to engage$ 250 million in Made in America ETFs, Energy Securities, and ‘Made in America ETFs.

As part of a partnership with Crypto.com, the companies announced Tuesday that Trump Media &amp, Technology Group, the parent company of U.S. President Donald Trump’s Truth Social media platform, will invest up to$ 250 million in exchange-traded funds and in separately managed accounts tracking cryptocurrency and energy securities.

On March 24, Trump Social made an initial, non-binding offer to sell these products, but it did not at the time provide any financial details.

According to TMTG CEO and president Devin Nunes,” This arrangement is a significant step forward in diversifying TMTG into financial companies and modern assets.” &nbsp,

The action comes as the U.S. state reduces regulations on the blockchain business. &nbsp,

Trump, who founded Trump Media in 2021 and used Truth Social repeatedly to advocate for the crypto industry, has overhauled the Securities and Exchange Commission—the industry’ primary regulator. Earlier this month, the SEC confirmed  pro-digital assets regulator Paul Atkins as its chairman, just a few months after several crypto-skeptic commissioners departed the federal agency. 

Trump has also signed a number of executive orders to safeguard and advance the interests of significant crypto industry figures, who were among his benevolent contributors to his opening account. &nbsp, &nbsp,

Trump maintains a majority interest in Trump Media, despite not holding a formal leadership position. Donald Trump Jr., the government’s son, sits on the table of Trump Media, which he told the media last year that he was “heavily involved in the change” staff of his father’s next administration. &nbsp,

According to CoinGecko information, Crypto.com was the second-largest bitcoin trade by market reveal as of December 2024. &nbsp,

The global reach of the trading platform, according to the speech, may make it easier for Trump Media ETFs to trade in the United States, Europe, and Asia. ETFs are among the purchase products with the highest interest rates over the past 16 times, with crypto-focused money leading the charge. &nbsp,