Trump Media & Technology Group Acquires $1 Billion in Cronos (CRO) Tokens from Crypto.com

Trump Media & Technology Group announced an agreement with Crypto.com to acquire 684.4 million Cronos (CRO) tokens valued at approximately $1.05 billion, priced around $0.153 each. The acquisition, split evenly between cash and stock, represents about 2% of CRO’s circulating supply. The deal includes custody and staking through Crypto.com Custody, integration of CRO into Truth Social and Truth+ rewards, a lock-up period, and provisions for strategic cooperation and future digital asset treasury business development.

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