Cronos Revives 70 Billion CRO Tokens for New Golden Age

Cronos Proposes to Undo Token Burns with 70 Billion CRO Reissuance

Cronos, the EVM-compatible blockchain developed by Crypto.com, has proposed reissuing 70 billion previously burned CRO tokens. The initiative, announced on March 3, 2025, seeks to restore the total supply of CRO to its original 100 billion, effectively reversing a significant token burn conducted in February 2021.

The reissued tokens will be allocated to a Cronos Strategic Reserve escrow wallet, designed to support Cronos’ and Crypto.com’s long-term roadmap. The move is intended to bolster liquidity and provide a financial buffer for ecosystem growth.

Cronos’ leadership frames this as a pivotal step toward a “new golden age” for the blockchain. The restored token supply is intended to support institutional adoption, with plans to develop a CRO exchange-traded fund (ETF) to offer regulated exposure to institutional investors. Additionally, the project is working toward US regulatory approval to integrate the ETF into institutional liquidity pools.

Beyond the ETF, the Cronos Strategic Reserve will support broader initiatives, including traditional finance (TradFi) crossover projects and artificial intelligence (AI)-related initiatives, such as grants, developer tools, and funding for decentralized applications (dApps). The reserve will operate under strict controls, with tokens vesting linearly over 10 years, approximately every 30.4 days, through the Cosmos SDK vesting account on the Cronos POS chain.

However, the move has raised eyebrows among the community. Some users have expressed concerns about potential dilution and downward pressure on CRO’s price. Despite these concerns, CRO has shown strong price performance, rallying by double digits.

At press time, CRO was trading at $0.09, marking a 15.5% increase over the past day.