Trump Media Invests $1 Billion in CRO Tokens for Strategic Treasury Plan

President Trump’s media company, Trump Media & Technology Group, has formed a new venture with Crypto.com to acquire and manage Cronos (CRO) tokens through a strategic partnership using a blank-check company merger. The move is expected to significantly boost their presence in the cryptocurrency sector and capitalise on established treasury strategies pioneered by MicroStrategy. This new endeavor will generate $1 billion in CRO holdings, positioning Trump Media as a prominent player in the crypto space.