Trump Media Builds $6.4 Billion Crypto Treasury Through Deal with Crypto.com

Trump Media & Technology Group, the company behind President Trump’s Truth Social platform, partnered with Crypto.com to establish a new treasury of Cronos (CRO) tokens. The agreement will see Trump Media acquire approximately 684.4 million CRO tokens from Crypto.com in an initial purchase of $105 million at an average price of $0.153 per token. This transaction marks the beginning of a joint strategy to create a $6.4 billion crypto treasury entirely based on the CRO token.