Trump Media Invests in Cronos (CRO) with Massive Token Acquisition

Donald Trump’s company, Trump Media Group, has taken a major step into the world of cryptocurrencies. They have partnered with Cryptocom to acquire $6.4 billion worth of Cronos (CRO) tokens and establish a new digital asset treasury firm. The partnership aims to make Trump Media the first publicly traded CRO treasury company. This deal will see Trump Media acquire 6.3 billion CRO tokens, alongside $420 million in cash and a $5 billion credit line. Cryptocom CEO, Kris Marszalek, states that the project’s scale covers the entire current market capitalization of CRO and includes substantial funding to acquire additional tokens.