Trump Media Acquires 684.4 Million CRO Tokens in $178 Million Deal

Why did Trump's media company invest $178M in CRO tokens?

What could this deal mean for the future of Trump's media platform?

How might this massive CRO token purchase impact the crypto market?


Trump Media Acquires 684.4 Million CRO Tokens in $178 Million Deal
Image source: Unblock Media
  • Trump Media acquires 684M CRO tokens in Crypto.com deal.
  • Tokens to integrate into Truth Social’s rewards and staking system.

On September 5, 2025, Trump Media & Technology Group (DJT) finalized its acquisition of 684.4 million CRO tokens from Crypto.com in a $178 million deal, aiming to integrate them into Truth Social’s ecosystem, Investing.com reported. The purchase, executed at approximately $0.153 per token, was conducted as a 50% cash and 50% stock exchange transaction, representing about 2% of CRO's circulating supply.

According to GlobeNewswire, the acquired tokens will be integrated across Trump Media’s platforms, including Truth Social and Truth+. Crypto.com’s wallet infrastructure will enable CRO-based rewards, boosting both the token’s utility and user engagement. Additionally, DJT plans to stake the CRO holdings via Crypto.com’s institutional-grade custody solution to generate supplemental revenue streams.

Stock Titan reported that the deal reflects Trump Media’s broader strategy to expand its digital asset treasury. A dedicated entity, Trump Media Group CRO Strategy, Inc., aims to acquire up to 19% of CRO’s circulating supply in the future. This initiative follows Trump Media’s recent business combination with Yorkville Acquisition Corp, a SPAC, underscoring DJT’s commitment to digital asset investments and deeper involvement in the Cronos ecosystem.

As of September 5, 2025, at 16:09 UTC, Cronos (CRO) is trading at $0.264, reflecting a -0.604% change in 24-hour trading volume, as noted by CoinMarketCap.

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Article Info
Category
Market
Published
2025-09-05 16:12
NFT ID
PENDING
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