In a move that surely puzzled slightly more people than it delighted, Trump Media shook hands with Crypto.com and snatched up 684.4 million Cronos tokens, because if you don’t own a gazillion digital coins, are you even trying?
it involves a lot of zeros.
By plunking down around $105 million, half in cold, hard cash and half in stocks probably printed in some printer, they acquired 684.4 million Cronos (CRO) tokens from Crypto.com. This spectacular half-cash, half-stock deal means Crypto.com gets to say “I’m in!” by becoming a part-owner of Trump Media – because who doesn’t want a monkey wrench in their boardroom?
“Trump Media is thrilled to ink this deal and start what we’re sure will be a perfectly logical and totally non-explosive partnership with Crypto.com. We truly believe CRO will become the Swiss Army knife of tokens – so safe, so fast, like money with a coffee buzz,” gushed Devin Nunes, CEO and Chairman of Trump Media, presumably while juggling spreadsheets and existential dread.
Trump Media plots CRO token rewards (because fun is spelled C-R-O)
The grand plan doesn’t stop at buying tokens – oh no. The two companies are cozying up for a broader romance, harvesting CRO tokens like cosmic carrots to sprinkle through Truth Social and its even-truthier cousin, Truth+. Users may soon earn rewards, probably in the form of “Here’s a token, now go find a use for it.”
“This is just step one on our quest to make CRO the Beyoncé of blockchain tokens – versatile, valuable, and possibly stealing the show. We’re thrilled to support Trump Media with our custody solutions (it’s like a digital nanny for your coins) and boost value with CRO’s staking model,” said Kris Marszalek, Co-Founder and CEO of Crypto.com, who apparently loves staking things almost as much as staking a claim.
And if you thought this was a one-off adventure into crypto-land, think again. Back on August 26, Trump Media casually dropped news of its CRO treasury strategy aiming to hoard up to $6.4 billion worth of tokens, presumably to confuse the markets and maybe buy snacks.
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2025-09-05 17:40