Overview

• The companies said the purchase equals about 2% of CRO’s circulating supply.
• Trump Media plans to add CRO rewards to Truth Social and the streaming platform Truth+, with Crypto.com handling custody and staking.
• Both the CRO tokens involved and Trump Media shares issued in the deal are subject to lockup periods.
• The transaction marks the first executed step in a previously announced CRO treasury strategy that targets far larger token acquisitions subject to financing and approvals.
• Executives Devin Nunes and Kris Marszalek endorsed the partnership’s focus on CRO utility, while DJT shares and CRO traded little changed following the news.