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Highlights
- Trump Media and Technology Group partners with Crypto.com to form a company that holds CRO, signaling a formal expansion of the Trump crypto empire.
- A Yorkville-backed blank-check cofounder joins Trump Media CRO Strategy, anchoring a CRO treasury at the core of its business model.
- Trump Media plans to purchase CRO with a stated funding target of about $1 billion, representing roughly 19% of the token’s market cap, plus $420 million in cash and equivalents and a $5 billion line of credit.
Vote 25
References
Trump family crypto empire expands with Crypto.com partnership - WTOP News
Trump media firm raises $6.4 billion to invest in Crypto.com’s digital token, deal includes purchase of Trump stock
Trump family crypto empire expands with Crypto.com partnership
Trump Media Stock (DJT) and Cronos Cryptocurrency Surge on Partnership News - TipRanks.com
Trump Media, Crypto.com announce treasury-style company under MCGA symbol
Trump Media, Yorkville, Crypto.com announce agreement to establish Cronos treasury company
Trump Media to set up CRO Strategy in $6.42B deal with Crypto.com
Polymarket secures investment from Trump Jr-backed 1789 Capital
Trump family business joins forces with Crypto.com
Trump family crypto empire expands with Crypto.com partnership
Trump Media Expands In Crypto With New Venture
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