Trump Media Invests $6.4 Billion in CRO Token for Digital Treasury

Trump Media has launched a new initiative focused on digital assets, aiming to acquire 19% of the Cronos blockchain’s token supply worth $6.4 billion. The company will use this capital to build a digital treasury utilizing the cryptocurrency (CRO) token powering the Cronos blockchain. This investment will integrate CRO into Truth Social and Truth+ platforms for rewards programs and payments. Crypto.com is playing a key role, providing the integration of its wallet technology to process these transactions.