Crypto.com

Trump Media and Technology Group is launching a digital asset treasury company focusing on CRO tokens, aiming to manage $1 billion in CRO alongside significant cash and credit backing. This move follows corporate trends of holding crypto reserves, inspired by firms like MicroStrategy.

Trump Media & Technology Group teams up with Crypto.com to launch Trump Media Group CRO Strategy, a firm focused on accumulating Cronos (CRO) tokens. The company plans to go public through a SPAC merger and list on Nasdaq as 'MCGA,' causing CRO token and Trump Media shares to surge.

Trump Media & Technology Group partners with Crypto.com to form Trump Media Group CRO Strategy, a new treasury-style crypto investment company going public via SPAC, boosting Cronos (CRO) token and reflecting growing US crypto adoption.