- Trump Media and Technology Group (NASDAQ:DJT) has applied to register trademarks for customized exchange-traded funds and separately managed accounts set to launch in 2025
- These include the Truth.Fi Made in America ETF and the Truth.Fi Bitcoin Plus ETF
- Trump Media & Technology Group describes its mission as ending Big Tech’s assault on free speech by opening up the internet and giving people their voices back
- Trump Media stock is down by 46.97 per cent since inception in March 2024
Trump Media and Technology Group (NASDAQ:DJT), majority owned by U.S. President Donald Trump, has applied to register trademarks for customized exchange-traded funds (ETFs) and separately managed accounts (SMAs) set to launch in 2025. These include:
- Truth.Fi Made in America ETF.
- Truth.Fi Made in America SMA.
- Truth.Fi U.S. Energy Independence ETF.
- Truth.Fi U.S. Energy Independence SMA.
- Truth.Fi Bitcoin Plus ETF.
- Truth.Fi Bitcoin Plus SMA.
The overarching Truth.Fi brand will cover financial services and financial technology, bolstered by an investment of up to $250 million to be custodied by Charles Schwab, which will partner with Trump Media to develop the SMAs.
Trump Media also signed services and licensing agreements with an affiliate of Yorkville Advisors to serve as Registered Investment Advisor for the new financial vehicles, leading their design and regulatory approvals process.
Thursday’s news release follows January’s launch of the Trump meme coin, an asset with over C$5 billion in market capitalization at the time of writing that is benefitting President Trump personally.
Leadership insights
“We aim to give investors a means to invest in American energy, manufacturing and other firms that provide a competitive alternative to the woke funds and debanking problems that you find throughout the market,” Devin Nunes, Trump Media and Technology Group’s chairman and chief executive officer, said in a statement. “We’re exploring a range of ways to differentiate our products, including strategies related to Bitcoin. We will continue to finetune our intended product suite to develop the optimal mix of offerings for investors who believe in America First principles.”
“Yorkville is pleased to take this next important step with Trump Media and Technology Group (TMTG) in its development of America First investment vehicles,” added Mark Angelo, president of Yorkville Advisors. “We greatly value our position as a strategic financial partner to TMTG and are proud to join with TMTG in the Truth.Fi movement.”
About Trump Media and Technology Group
Trump Media & Technology Group describes its mission as ending Big Tech’s assault on free speech by opening up the internet and giving people their voices back.
Trump Media stock (NASDAQ:DJT) is up by 1.2 per cent trading at US$30.71 per share as of 11:43 am ET. The stock is down by 46.97 per cent since inception in March 2024.
Join the discussion: Find out what everybody’s saying about Truth.Fi on the Trump Media & Technology Group Corp. Bullboard and check out the rest of Stockhouse’s stock forums and message boards.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
(Top image, generated by AI: Adobe Stock)
