Trump Media’s $178 million CRO Deal Reshapes Cronos Ecosystem

- Trump Media & Technology Group acquires 684.4 million CRO tokens in a $178 million agreement. - The deal aims to integrate CRO into Trump Media's platforms and strengthen its position within the Cronos ecosystem. On September 5, 2025 (UTC), Trump Media & Technology Group (NASDAQ: DJT) finalized a landmark agreement with Crypto.com to acquire 684.4 million CRO tokens. The transaction, valued at $178 million, involved an equal exchange of stocks and cash. According to reports from The Block on September 5, the purchase price was set at $0.15 per token, a detail also confirmed by GlobeNewswire and CryptoSlate. This strategic acquisition signals a significant partnership between Trump Media and Crypto.com, aiming to integrate the CRO token across Trump Media's platforms, including Truth Social and Truth+, to unlock new functionality. As part of the integration, Trump Media plans to implement a user rewards system powered by CRO and will leverage Crypto.com's institutional-grade digital wallet infrastructure for seamless operation. In addition, Trump Media will stake the 684.4 million tokens, which account for approximately 2% of CRO’s circulating supply, under Crypto.com’s custody to generate additional revenue. Both the Trump Media shares and CRO tokens in this deal are subject to a lockup period. To further bolster its presence in the Cronos ecosystem, Trump Media has unveiled a new entity: Trump Media Group CRO Strategy, Inc. This new company is dedicated to acquiring an additional 19% of CRO’s circulating supply. The entity will partner with Yorkville Acquisition Corp (YORK) and function as a digital asset treasury specializing in CRO holdings. If successful, this move would establish Trump Media as the operator of the largest CRO-focused treasury firm and position the company as a key player in the expansion of the Cronos ecosystem. On September 5, 2025, Devin Nunes, CEO and Chairman of Trump Media, said in a statement, “We’re convinced that CRO has tremendous potential to spread widely as a versatile utility token and a superior form of safe, fast payment and money transfer, and we’re excited to add this innovative asset to our balance sheet.” Kris Marszalek, Co-Founder and CEO of Crypto.com, echoed these sentiments on the same day, stating, “This is the first of many steps to driving utility and value for CRO and the Cronos blockchain.” According to CoinMarketCap on September 5, Cronos (CRO) was trading at $0.267 as of 20:09 UTC. This price reflects a 0.308% change in 24-hour trading volume.