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Trump Media Acquires 684.4M $CRO Tokens

Published by
Sohrab Khawas

Trump Media finalized the purchase of 684.4 million Cronos (CRO) tokens worth $105 million in a cash-and-stock deal with Crypto.com. The tokens, representing about 2% of CRO’s circulating supply, are securely staked through Crypto.com Custody to earn additional revenue. This move is part of a strategic partnership set to integrate CRO into Trump Media’s platforms, Truth Social and Truth+, via a rewards system. CEO Devin Nunes highlighted CRO’s strong potential as a versatile digital payment token.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

Published by
Sohrab Khawas
Tags: Crypto news

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