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Trump Media Technology Group finalizes issuance protocol for its encryption ETF.
BlockBeats News: On April 22, Trump Media Technology Group (DJT.O) finalized an ETF offering agreement with Crypto.com and Yorkville America Digital. BlockBeats previously reported that on March 25, Trump Media Technology Group announced that it had reached a preliminary cooperation intention with crypto trading platform Crypto.com, planning to jointly launch a series of ETFs and related products through its fintech brand Truth.Fi, which is expected to be officially launched in 2025, subject to the signing of a definitive agreement and regulatory approval. The new fund will be powered by Crypto.com and managed crypto assets, covering cryptocurrencies such as Bitcoin and Cronos, as well as "Made in America" themed securities across a variety of industries, including energy. TMTG plans to invest up to $250 million of its own funds, which are held in escrow by Charles Schwab.