Trump Media Ends $6.4 Billion Crypto.com CRO Venture

Trump Media & Technology Group agreed in August 2025 with Crypto.com and Yorkville Acquisition Corp. to create Trump Media Group CRO Strategy, a publicly traded treasury company centered on CRO, the native token of the Cronos blockchain. The venture was expected to have access to about $6.42 billion through token contributions, cash, warrants and an equity credit line. In October, Trump Media also unveiled plans to embed Crypto.com-powered prediction markets in Truth Social, extending its push beyond social media into digital assets and financial services.

On Aug. 7, 2026, the three companies mutually terminated the CRO treasury transaction. Planned funding included $1 billion in CRO, $200 million in cash, $220 million from mandatory-exercise warrants and a $5 billion equity line of credit. Trump Media and Crypto.com also scrapped a direct Truth Social prediction-market integration in favor of a marketing arrangement. Trump Media said it would prioritize its media business and its more than $6 billion merger with fusion-energy developer TAE Technologies, which it aims to close in the fourth quarter of 2026.