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Stock impact report

Trump Media Finalizes ETF Partnership with Crypto.com [Yahoo! Finance]

Charles Schwab Corporation (The) (SCHW) 
Last charles schwab corporation (the) earnings: 4/15 08:45 am Check Earnings Report
US:NYSE Investor Relations: aboutschwab.com/investor-relations
Company Research Source: Yahoo! Finance
The agreement advances TMTG's financial services strategy, with the company planning to allocate up to $250 million of its cash reserves toward these exchange-traded funds. This move expands TMTG beyond its social media and streaming platforms into the fintech sector. The ETFs will focus on digital assets and securities with a "Made in America" emphasis across various industries, including energy, according to the company's announcement . Subject to regulatory approval, these funds are expected to launch later this year and will be available internationally in the U.S., Europe and Asia across existing platforms and brokerages. The ETFs will be made available through Crypto.com's broker-dealer, Foris Capital US, with Davis Polk & Wardwell advising on the development and launch of the products. The ETF agreement builds on TMTG's financial services expansion that began last week with the launch of Truth Social-branded separately managed accounts in partnership with Yorkville Ameri Show less Read more
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