Trump Media and Crypto.com form strategic partnership

Trump Media and Crypto.com form strategic partnership

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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.

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