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In a deal with Crypto.com, Trump Media purchased 684.4 million Cronos tokens. The Trump family’s largest business has closed a major deal with one of the biggest crypto exchanges. On Friday, September 5, Trump Media and Technology Group announced that…In a deal with Crypto.com, Trump Media purchased 684.4 million Cronos tokens. The Trump family’s largest business has closed a major deal with one of the biggest crypto exchanges. On Friday, September 5, Trump Media and Technology Group announced that…

Trump Media partners with Crypto.com, acquires $105M in CRO tokens

Yazar: Crypto.news

Kaynak: Crypto.news

2025/09/05 21:40

Okuma süresi: 2 dk

Paylaş

TRUMP$3.536+1.99%

CRO$0.07842-0.31%

MAJOR$0.07407-0.10%

In a deal with Crypto.com, Trump Media purchased 684.4 million Cronos tokens.

Summary

Trump Media acquired 684.4 million in Crypto.com’s Cronos (CRO) tokens
The firm used its stocks to fund half of the $105 million deal, making Crypto.com its shareholder
The deal is part of a broader partnership, including CRO integration in Truth Social and Truth+

The Trump family’s largest business has closed a major deal with one of the biggest crypto exchanges. On Friday, September 5, Trump Media and Technology Group announced that it recently closed a purchase deal with Crypto.com.

The media company, which also operates the social media platform Truth Social, will buy 684.4 million Cronos (CRO) tokens. The deal, worth about $105 million, was structured as a 50% stock and 50% cash exchange. This means that Crypto.com will also become an investor in Trump Media.

Trump Media eyes CRO token rewards

The sale was part of a broader partnership agreement between the two companies. Namely, the agreement also enables the integration of the CRO token across Truth Social and the streaming platform Truth+. According to the announcement, Trump Media plans to integrate CRO rewards into these platforms.

This isn’t the first news of a Trump Media partnership with Crypto.com. On August 26, the company announced a CRO treasury strategy, with funding to secure up to $6.4 billion worth of tokens.

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