Truth Social
Trump Media is exploring a spinoff of its Truth Social platform into a separate public company, building on its recent cryptocurrency ETF filings and the surge in Bitcoin and crypto exchange-traded funds.
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Yorkville America Equities, the firm behind Truth Social-branded exchange-traded funds, has filed registration documents with the U.S. Securities and Exchange Commission for two new cryptocurrency products. The filings cover a bitcoin and ether ETF as well as a staking-focused Cronos fund, marking an expansion of the Truth Social brand into digital assets. If approved, the ETFs would partner with Crypto.com for custody and staking services.