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Trump Media and Crypto.com sign $155M strategic deal

source-logo  blockworks.co 25 August 2025 19:00, UTC
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This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication.


Trump Media & Technology Group (TMTG) announced on August 26, 2025, that it entered into a strategic partnership with Crypto.com through parallel cooperation and purchase agreements.

As part of the deal, Trump Media will adopt Crypto.com’s wallet system to power an updated in-app rewards program. Users will be able to exchange earned “gems” for Cronos (CRO), the token tied to Crypto.com, and apply CRO balances toward subscription fees. Opening a Crypto.com account will also grant access to free or discounted Truth+ subscriptions.

The transaction also includes cross-holdings between the companies.

Trump Media purchased approximately $105 million in CRO, equivalent to about 685 million tokens, which it will custody and stake through Crypto.com. In return, Crypto.com invested $50 million in Trump Media common stock. Both positions are subject to lock-up periods.

blockworks.co