PANews reported on September 5th that Trump Media has reached an agreement with Crypto.com to acquire 684.4 million Cronos (CRO) tokens at approximately $0.153 per token in a 50% stock and 50% cash transaction. The tokens represent approximately 2% of the circulating supply of CRO and will be held and staked through Crypto.com Custody. Both parties will promote the integration of CRO into the Truth Social and Truth+ platforms as part of a rewards system. The agreement includes a lock-up period, strategic cooperation, and the development of a digital asset vault business.PANews reported on September 5th that Trump Media has reached an agreement with Crypto.com to acquire 684.4 million Cronos (CRO) tokens at approximately $0.153 per token in a 50% stock and 50% cash transaction. The tokens represent approximately 2% of the circulating supply of CRO and will be held and staked through Crypto.com Custody. Both parties will promote the integration of CRO into the Truth Social and Truth+ platforms as part of a rewards system. The agreement includes a lock-up period, strategic cooperation, and the development of a digital asset vault business.
Trump Media Completes CRO Token Acquisition Agreement with Crypto.com
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PANews reported on September 5th that Trump Media has reached an agreement with Crypto.com to acquire 684.4 million Cronos (CRO) tokens at approximately $0.153 per token in a 50% stock and 50% cash transaction. The tokens represent approximately 2% of the circulating supply of CRO and will be held and staked through Crypto.com Custody. Both parties will promote the integration of CRO into the Truth Social and Truth+ platforms as part of a rewards system. The agreement includes a lock-up period, strategic cooperation, and the development of a digital asset vault business.
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