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Trump pumps Crypto(.com) 💰

Trump pumps Crypto(.com) 💰

Cronos is skyrocketing after President Trump's media company revealed a collab with Crypto.com that includes a $6.4 billion treasury plan.

Andrew Hayward
August 26, 2025

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📝 What you need to know

Trump Media and Technology Group bought $2 billion worth of Bitcoin and related securities in June, but its latest treasury move may end up being even bigger.

On Tuesday, President Trump’s media company revealed a collaboration with Crypto.com to establish a crypto treasury based on Cronos (CRO), the exchange’s coin and the native token of the Cronos blockchain. The deal includes $6.4 billion in backing—including a $5 billion equity line of credit—and will kick off with $1 billion worth of CRO, or about 19% of the coin’s supply.

That’s not all, either. Trump Media will also utilize CRO as a reward and utility token for its Truth Social and Truth+ platforms, powered by Crypto.com’s wallet. Trump Media will also acquire $105 million in CRO for its balance sheet, while Crypto.com said it will buy $50 million worth of Trump Media common stock.

Unsurprisingly, the move benefitted both assets. Cronos surged more than 30% on the day to its highest price this year, outpacing all other coins in the top 100 by market cap, while Trump Media stock is up about 5% on the day.

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