Investing.com — Trump Media & Technology Group Corp (NASDAQ:DJT) announced a strategic partnership with cryptocurrency platform Crypto.com on Tuesday.
As part of the agreement, Trump Media will purchase approximately $105 million in CRO, which is Crypto.com’s token.
In return, Crypto.com will invest $50 million in Trump Media shares.
The partnership includes plans to integrate the CRO token on Trump Media’s Truth Social and Truth+ platforms.
Users who open a Crypto.com account will receive benefits such as free or discounted Truth+ subscriptions.
This collaboration represents a significant move for both companies in connecting traditional media with cryptocurrency services.