Trump Media and Crypto.com Make Bold Move on Cro Crypto as Digital Asset Reserves Surge
A $105 million agreement has been reached between Trump Media & Technology Group, Yorkville Acquisition Corp., and Crypto.com for the acquisition of 684.4 million Cro Crypto (CRO) tokens at approximately $0.153 each. This transaction represents about 2% of the token’s token supply and will be secured in institutional custody.
Devin Nunes, CEO of Trump Media, described the purchase as a demonstration of faith in CRO’s position as a payment coin.
“We believe that CRO possesses significant potential to proliferate as a multifunctional utility token and an optimal method for swift, secure payment and money transfer,” he stated.
Kris Marszalek from Crypto.com noted that this marks “the initial step in a series of actions aimed at enhancing utility and value for CRO and the Cronos distributed ledger.”
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Trump Media aims to incorporate CRO into its Truth Social and Truth+ platforms, initiating a rewards program via Crypto.com’s crypto wallet that could position the coin as a principal payment mechanism within its ecosystem.
To execute this plan, the companies established Trump Media Group CRO Strategy, Inc., which will merge with a SPAC and operate as a Digital Asset Treasury.
BREAKING 🚨 TRUMP MEDIA COMPLETES @cryptocom ACQUISITIONS pic.twitter.com/NYnmlx9hto
— XRPGOD🐠 (@XRPGOD_X) September 5, 2025
This development comes in the context of increasing corporate adoption of crypto treasuries. As per Architect Partners, firms listed in the U.S. have disclosed $133 billion in acquisitions this year, compared to $82 billion in 2024. This reflects Wall Street’s growing interest in blockchain exposure.
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Implications of the Trump Media Agreement for Cronos Investors
Corporate treasuries are increasingly venturing into crypto asset, reallocating their balance sheets towards BTC and even lesser-known altcoins. Cronos now joins that category, bolstered by the Trump family’s influence and pro-crypto policy tailwinds.
The total value locked remains robust, and price trends are favorable, although big investor sell-offs continue to occur frequently. Should the strategy be effective, Cronos could evolve from a mid-tier distributed database into a more extensive payments protocol with political price floor.
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Key Takeaways
- Trump Media & Technology Group has finalized an agreement with Crypto.com to purchase 684.4 million Cro Crypto (CRO) tokens.
- Corporate treasuries are diving deeper into the crypto space, converting balance sheets into BTC and other smaller altcoins.
The article Trump Media and Crypto.com Bet Big on Cro Crypto as Digital Asset Treasuries Boom first appeared on 99Bitcoins.
