Latest news with #AnnieMassa
Bloomberg
31-03-2025
- Business
- Bloomberg
Trump Media Will Become First Listing for NYSE's Texas Outpost
By , Katherine Doherty, and Annie Massa Save President Donald Trump's media venture is forging a symbolic link to Texas, becoming the first company to list on the New York Stock Exchange's upstart outpost in the Lone Star State. Trump Media & Technology Group Corp. will list warrants tied to its shares on the new NYSE Texas while maintaining a primary listing on the Nasdaq. The move — along with plans to switch its corporate headquarters to Florida — is part of efforts to align the company with states that are friendly to conservative values, according to Chief Executive Officer Devin Nunes.
Yahoo
25-03-2025
- Business
- Yahoo
Trump Media partners with Singapore-based Crypto.com for American ETFs
By Annie Massa (Bloomberg) — Trump Media & Technology Group Corp. plans to work with on a lineup of 'Made-in-America' investments – an arrangement that puts the president's social media company in business with a Singapore-based firm that was locked in a legal battle with US regulators last year. The Truth Social parent will sell exchange-traded funds tied to digital assets and other US-focused investments on a platform owned by according to a statement Monday. The products will be available this year in the US, Europe and Asia, pending regulatory approval. will supply the cryptocurrencies and technology underpinning them, and they'll be available through Foris Capital, a New Hampshire-based platform it acquired last year. President Donald Trump's administration has been easing restrictions on the digital-asset industry. Within his first 100 days in office, the Securities and Exchange Commission has abandoned or paused high-profile legal cases against companies including Coinbase Global Inc. and Binance Holdings Ltd. Trump Media also revealed that its digital-currency ETFs will include Cronos, a virtual currency affiliated with Cronos wasn't mentioned in earlier announcements about the financial products, which it plans to issue under the brand In October, the SEC had filed a notice that it intended to sue for operating an unregistered securities exchange. fired back with its own lawsuit against the Wall Street watchdog, arguing that the regulator had overstepped. But in December, after Trump's election victory, dropped its complaint. 'We look forward to working with the new administration to develop and advance clear regulations for the crypto industry,' a company spokesperson said in a statement at the time. Chief Executive Officer Kris Marszalek also met with Trump at Mar-a-Lago to discuss political appointments related to the industry. The president is Trump Media's largest shareholder, with a $2.4 billion stake that's held in a trust controlled by his son, Donald Trump Jr. More stories like this are available on ©2025 Bloomberg L.P.
