Trump Media & Technology Group (NASDAQ: DJT) the parent company of Truth Social, has announced a partnership with prestigious law firm Davis Polk & Wardwell to develop MAGA-themed cryptocurrency exchange-traded funds (ETFs). This collaboration includes Crypto.com and Yorkville America Digital, aiming to launch ETFs focused on digital assets and “Made in America” industries. Notably, Davis Polk’s Greg Andres, who co-leads its white-collar defense practice, previously served on Special Counsel Robert Mueller’s team during the investigation into Russian interference in the 2016 election. The partnership signifies a significant move by a major law firm to engage with Trump despite his history of targeting firms linked to investigations against him.
As of 1:11 p.m. EDT on April 22, 2025, Trump Media’s stock is trading at $18.45, up $0.75 (4.24%) from the previous close.
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About Trump Media & Technology Group
Trump Media & Technology Group Corp. (NASDAQ: DJT) operates Truth Social, a social media platform established to promote free expression, and Truth+, a streaming platform focusing on family-friendly content. The company is also launching Truth.Fi, a financial services and fintech brand incorporating America First investment vehicles. TMTG aims to diversify into financial services and digital assets, with plans to invest up to $250 million in ETFs and separately managed accounts, custodied by Charles Schwab.
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