Trump Media & Crypto.com Launch $6.42 Billion CRO Treasury Plan

Trump Media and its partner Crypto.com have partnered to invest $6.42 billion into Cronos’ (CRO) digital asset treasury. This strategic move impacts 19% of the CRO supply, aiming to integrate cryptocurrencies into the Truth Social platform. The partnership seeks to reshape media economics through blockchain technology, raising questions about the potential impact on market liquidity and staking.