Trump Media Acquires 684.4M $CRO Tokens
The post Trump Media Acquires 684.4M $CRO Tokens appeared first on Coinpedia Fintech News
Trump Media finalized the purchase of 684.4 million Cronos (CRO) tokens worth $105 million in a cash-and-stock deal with Crypto.com. The tokens, representing about 2% of CRO’s circulating supply, are securely staked through Crypto.com Custody to earn additional revenue. This move is part of a strategic partnership set to integrate CRO into Trump Media’s platforms, Truth Social and Truth+, via a rewards system. CEO Devin Nunes highlighted CRO’s strong potential as a versatile digital payment token.
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Trump Media Acquires 684.4M $CRO Tokens
The post Trump Media Acquires 684.4M $CRO Tokens appeared first on Coinpedia Fintech News
Trump Media finalized the purchase of 684.4 million Cronos (CRO) tokens worth $105 million in a cash-and-stock deal with Crypto.com. The tokens, representing about 2% of CRO’s circulating supply, are securely staked through Crypto.com Custody to earn additional revenue. This move is part of a strategic partnership set to integrate CRO into Trump Media’s platforms, Truth Social and Truth+, via a rewards system. CEO Devin Nunes highlighted CRO’s strong potential as a versatile digital payment token.
Read More
Binance and Franklin Templeton Join Forces for Next-Gen Digital Assets