Trump Media, Crypto.com Announce Strategic Partnership for Cronos Integration.
PorAinvest
martes, 26 de agosto de 2025, 9:03 am ET1 min de lectura
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The partnership involves the creation of a new rewards system that allows users to convert platform "gems" into CRO tokens, with plans to enable subscription payments and discounted services using CRO. Additionally, Trump Media will purchase $105 million worth of CRO, roughly 2% of the token's total market cap, while Crypto.com will acquire $50 million in Trump Media stock [2].
The companies will also form a new vehicle, Trump Media Group CRO Strategy Inc., which will merge with SPAC Yorkville Acquisition Corp. and trade as "MCGA" (Make CRO Great Again). Upon completion, this entity aims to become the world's largest holder of CRO, with around 6.3 billion tokens valued at roughly $1 billion at the time of announcement [2].
Crypto.com CEO Kris Marszalek described the initiative as a "historic day for CRO," noting that the partnership includes an initial $200 million in cash earmarked for further token purchases, plus additional commitments that could bring total available funds to around $420 million, alongside a $5 billion credit line [2].
The integration of CRO and Crypto.com's digital wallet infrastructure into Trump Media platforms is expected to enhance user experience and provide new financial opportunities. The partnership marks a significant development in the digital asset space, demonstrating the potential for strategic collaborations between traditional media and cryptocurrency platforms.
References:
[1] https://www.marketwatch.com/data-news/cronos-group-inc-stock-rises-friday-still-underperforms-market-d80a1dcf-798d54aa618d
[2] https://www.coindesk.com/business/2025/08/26/trump-media-crypto-com-to-build-usd6-4b-cro-treasury-firm-cro-jumps-25
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Trump Media and Crypto.com have announced a strategic partnership, integrating Cronos (CRO) cryptocurrency and Crypto.com's digital wallet infrastructure on Trump Media platforms. The partnership follows the launch of CRO's digital asset treasury. Truth Social and Truth+ will feature a rewards system using Crypto.com's wallet infrastructure and adopting CRO as a utility token.
Trump Media and Crypto.com have announced a strategic partnership to integrate the Cronos (CRO) cryptocurrency and Crypto.com's digital wallet infrastructure into Trump Media platforms, including Truth Social and Truth+. This move follows the launch of CRO's digital asset treasury.The partnership involves the creation of a new rewards system that allows users to convert platform "gems" into CRO tokens, with plans to enable subscription payments and discounted services using CRO. Additionally, Trump Media will purchase $105 million worth of CRO, roughly 2% of the token's total market cap, while Crypto.com will acquire $50 million in Trump Media stock [2].
The companies will also form a new vehicle, Trump Media Group CRO Strategy Inc., which will merge with SPAC Yorkville Acquisition Corp. and trade as "MCGA" (Make CRO Great Again). Upon completion, this entity aims to become the world's largest holder of CRO, with around 6.3 billion tokens valued at roughly $1 billion at the time of announcement [2].
Crypto.com CEO Kris Marszalek described the initiative as a "historic day for CRO," noting that the partnership includes an initial $200 million in cash earmarked for further token purchases, plus additional commitments that could bring total available funds to around $420 million, alongside a $5 billion credit line [2].
The integration of CRO and Crypto.com's digital wallet infrastructure into Trump Media platforms is expected to enhance user experience and provide new financial opportunities. The partnership marks a significant development in the digital asset space, demonstrating the potential for strategic collaborations between traditional media and cryptocurrency platforms.
References:
[1] https://www.marketwatch.com/data-news/cronos-group-inc-stock-rises-friday-still-underperforms-market-d80a1dcf-798d54aa618d
[2] https://www.coindesk.com/business/2025/08/26/trump-media-crypto-com-to-build-usd6-4b-cro-treasury-firm-cro-jumps-25
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