According to COINOTAG and Blockworks reporting on August 26, Trump Media & Technology Group formalized a strategic partnership with Crypto.com through parallel collaboration and purchase agreements, marking a material development in corporate crypto integrations.
Under the agreements, Trump Media will implement Crypto.com’s wallet system to upgrade its in‑app rewards mechanics; platform users will be able to convert earned gems into Cronos (CRO) tokens for subscription payments, and opening a Crypto.com account will afford free or discounted Truth+ access.
The transaction economics include a $155 million strategic arrangement: Trump Media has acquired approximately $105 million of CRO (circa 685 million tokens) to be held and staked via Crypto.com, while Crypto.com purchased $50 million in common shares of Trump Media; these holdings are subject to a lock‑up. A new vehicle, Trump Media Group CRO Strategy, Inc., will manage the token treasury and advance the proposed SPAC combination with Yorkville Acquisition Corp.