Trump Media Invests $105 Million in CRO Tokens for Integration into Truth Social

Trump Media & Technology Group (TMTG) has purchased 684.4 million Cronos (CRO) tokens, valued at around $105 million, as part of a strategic partnership with Crypto.com. This move marks a significant step towards integrating cryptocurrency within TMTG’s media ecosystem, aiming to enhance digital payments on platforms like Truth Social. The deal represents 2% of CRO’s circulating supply and CEO Devin Nunes highlights the token’s versatility in facilitating secure and efficient digital transactions.