Workflow
X @BSCN
BSCNยท2025-09-05 14:29

Acquisition and Partnership - Trump Media acquires 6844 million CRO tokens from Crypto[.]com at an average price of 153 cents per token [1] - The deal is structured as a 50% cash and 50% stock exchange, representing approximately 2% of CRO's current circulating supply [2] - Trump Media secures the assets under Crypto[.]com's institutional-grade custody solution for secure staking [1][2][5] Strategic Importance - Trump Media emphasizes CRO's potential as a versatile utility token for safe, fast payment and money transfer [2] - Crypto[.]com highlights the partnership as the first step to driving utility and value for CRO and the Cronos blockchain through staking and custody [2] Integration and Expansion - CRO token will be integrated into Truth Social and Truth+ platforms through a rewards system built on Crypto[.]com's digital wallet infrastructure [3] - Trump Media forms Trump Media Group CRO Strategy, Inc. to expand its digital asset treasury through a SPAC merger with Yorkville Acquisition Corp [3] Technology and Security - Cronos blockchain is known for its speed, scalability, and interoperability, providing a robust foundation for decentralized applications [4] - Cronos utilizes proof-of-authority consensus and enterprise-grade security for mainstream adoption [4]