Trump Media Finalizes Blockchain Partnership With Crypto.com, Buys 684M CRO
We may earn commissions from affiliate links or include sponsored content, clearly labeled as such. These partnerships do not influence our editorial independence or the accuracy of our reporting. By continuing to use the site you agree to our terms and conditions and privacy policy.
Trump Media and Technology Group (DJT) has finalized a major partnership with Crypto.com, purchasing 684.4 million Cronos (CRO) tokens in a cash-and-stock transaction.
The deal, valued at approximately 15.3 cents per token, represents around 2% of CRO’s circulating supply.
The agreement splits consideration evenly between stock and cash, with Trump Media committing to stake its CRO through Crypto.com Custody, the platform’s institutional-grade custody service. This will allow Trump Media to earn additional yield while incorporating blockchain features into its platforms, including Truth Social and Truth+.
Trump Media CEO Devin Nunes described the move as a “strategic partnership” aimed at leveraging CRO’s versatility for payments and money transfers, calling the token “a superior form of safe, fast settlement.” Crypto.com CEO Kris Marszalek added that the deal marks “the first of many steps” toward expanding the use of the Cronos blockchain across consumer-facing applications.
The companies also signed a mutual cooperation agreement that will see CRO integrated into Trump Media’s ecosystem, laying the groundwork for a blockchain-enabled rewards system.
This comes alongside the formation of a new subsidiary, Trump Media Group CRO Strategy, Inc., created to manage digital asset treasury operations. With CRO positioned as a scalable, interoperable blockchain, the partnership underscores both firms’ push to align with the growing demand for decentralized financial infrastructure.
Commentaries 
Fill in necessary fields and publish