
{"id":94151,"date":"2025-09-05T15:52:30","date_gmt":"2025-09-05T15:52:30","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=94151"},"modified":"2025-09-05T15:52:30","modified_gmt":"2025-09-05T15:52:30","slug":"trump-media-and-crypto-com-bet-big-on-cro-crypto-as-digital-asset-treasuries-boom","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=94151","title":{"rendered":"Trump Media and Crypto.com Bet Big on Cro Crypto as Digital Asset Treasuries Boom"},"content":{"rendered":"<p>A $105 million deal has been struck between Trump Media &amp; Technology Group, Yorkville Acquisition Corp., and Crypto.com to acquire 684.4 million Cro Crypto (CRO) tokens at about $0.153 each. The purchase amounts to roughly 2% of the token\u2019s circulating supply and will be placed in institutional custody.<\/p>\n<p>Devin Nunes, chief executive of Trump Media, called the purchase a statement of confidence in CRO\u2019s role as a <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/high-risk-high-reward-crypto\/\" target=\"_blank\" rel=\"noopener\">payment token<\/a>.<\/p>\n<p>\u201cWe\u2019re 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,\u201d he said.<\/p>\n<p>Crypto.com\u2019s Kris Marszalek added that it marks \u201cthe first of many steps to driving utility and value for CRO and the Cronos blockchain.\u201d<\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"noopener\">20+ Next Crypto to Explode in 2025<\/a><\/strong><\/p>\n<h2>CRO Price Action and Market Data: Can the Rally Last?<\/h2>\n<p>(Source: <strong><a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/chart\/A4aJB7ow\/?symbol=OKX%3ACROUSDT\" target=\"_blank\" rel=\"noopener\">TradingView<\/a><\/strong>)<\/p>\n<p>Trump Media plans to bring CRO into its Truth Social and <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/analysis\/top-crypto-stocks\/\" target=\"_blank\" rel=\"noopener\">Truth+ platforms<\/a>, rolling out a rewards system through Crypto.com\u2019s wallet that could make the token a core payments channel inside its ecosystem.<\/p>\n<p>To formalize the strategy, the companies formed Trump Media Group CRO Strategy, Inc., which will merge with a SPAC and function as a <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"noopener\">Digital Asset Treasury<\/a>.<\/p>\n<p><blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">BREAKING \ud83d\udea8 TRUMP MEDIA COMPLETES <a href=\"https:\/\/twitter.com\/cryptocom?ref_src=twsrc%5Etfw\">@cryptocom<\/a> ACQUISITIONS <a href=\"https:\/\/t.co\/NYnmlx9hto\">pic.twitter.com\/NYnmlx9hto<\/a><\/p>&mdash; XRPGOD\ud83d\udc20 (@XRPGOD_X) <a href=\"https:\/\/twitter.com\/XRPGOD_X\/status\/1963967443065610330?ref_src=twsrc%5Etfw\">September 5, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>All of this comes amid corporate adoption of crypto treasuries. According to Architect Partners, U.S.-listed firms have already announced $133 billion in purchases this year, compared with $82 billion in 2024. It\u2019s a sign of Wall Street\u2019s accelerating appetite for exposure to blockchain.<\/p>\n<p><strong><span>DISCOVER:\u00a0<\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"noopener\"><span>Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025<\/span><\/a><\/strong><\/p>\n<h2>What the Trump Media Deal Means for Cronos Investors<\/h2>\n<p>Corporate treasuries are increasingly investing in crypto, shifting their balance sheets into Bitcoin and even <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"noopener\">smaller altcoins<\/a>. Cronos now enters that mix with the added weight of the Trump family and pro-crypto policy momentum.<\/p>\n<p>The total value is locked, and the price action remains strong, but whale selling is still happening in spades. If the strategy holds, Cronos could move from a mid-tier blockchain into a broader payments network with political backing.<\/p>\n<p><strong>EXPLORE: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/tether-ceo-paolo-ardoino-hopes-for-net-positive-from-us-elections-says-bitcoin-strategic-reserve-is-a-great-idea-99bitcoins-exclusive\/\" target=\"_blank\" rel=\"noopener\">Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive<\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"noopener\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<p>        Trump Media &amp; Technology Group has agreed with Crypto.com to acquire 684.4 million Cro Crypto (CRO) tokens.    <\/p>\n<p>        Corporate treasuries are moving deeper into crypto, shifting balance sheets into Bitcoin and even smaller altcoins.    <\/p><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/trump-media-and-crypto-com-bet-big-on-cro-crypto-as-digital-asset-treasuries-boom\/\">Trump Media and Crypto.com Bet Big on Cro Crypto as Digital Asset Treasuries Boom<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>A $105 million deal has been struck between Trump Media &amp; Technology Group, Yorkville Acquisition Corp., and Crypto.com to acquire 684.4 million Cro Crypto (CRO) tokens at about $0.153 each. The purchase amounts to roughly 2% of the token\u2019s circulating supply and will be placed in institutional custody. Devin Nunes, chief executive of Trump Media, [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":94152,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-94151","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/94151"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=94151"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/94151\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/94152"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=94151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=94151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=94151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}