Trump Media and Technology Group Corp., operator of the social media platform Truth Social and the video streaming platform Truth+, is announcing today that the company has applied to register trademarks for brand names connected to the launch of its customized exchange-traded funds (“ETFs”) and customized separately managed accounts (“SMAs”) beginning this year.
Mark Angel President Yorkville
The trademarks comprise the following:
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 investment vehicles will be components of the new Truth.Fi brand covering financial services and financial technology. The launch of Truth.Fi is part of TMTG’s financial services and FinTech strategy that includes the investment of up to $250 million to be custodied by Charles Schwab, which will partner with TMTG to develop the SMAs.
Additionally, the company has signed a services agreement and a licensing agreement with an affiliate of Yorkville Advisors. Subject to necessary approvals, Yorkville will act as the Registered Investment Advisor for the new financial vehicles, playing a lead role in constructing the products and shepherding them through the regulatory process.
TMTG CEO and Chairman Devin Nunes said, “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. 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 President Mark Angelo said, “Yorkville is pleased to take this next important step with TMTG in its development of America First investment vehicles. We greatly value our position as a strategic financial partner to TMTG and are proud to join with TMTG in the Truth.Fi movement.”
Source: ETFWorld.co.uk
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