Trump Media & Technology Group (TMTG) closed a deal with Crypto.com to acquire 684.4 million Cronos (CRO) tokens, marking one of the largest corporate commitments to the digital asset so far.

The transaction, valued at roughly $178 million at current prices, was structured as a 50% stock and 50% cash exchange, according to the Sept. 5 announcement.

TMTG said it paid about $0.15 per token for the assets, which represent roughly 2% of CRO’s circulating supply.

Strategic partnership

The agreement expands a partnership designed to integrate CRO into Trump Media’s Truth Social and Truth+ platforms. The token will be used in a rewards system powered by Crypto.com’s wallet infrastructure.

The company said the arrangement also strengthens plans for its newly formed subsidiary, Trump Media Group CRO Strategy Inc., which has a pending merger with Yorkville Acquisition Corp. to create a digital asset treasury business focused on accumulating CRO.

Crypto.com will provide custody for the tokens under its institutional-grade storage program. Both the CRO tokens and Trump Media shares involved in the swap are subject to a lockup period.

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Crypto.com CEO Kris Marszalek said:

“This is the first of many steps to driving utility and value for CRO and the Cronos blockchain.”

Market and political backdrop

The purchase comes as Trump-linked ventures accelerate their push into digital assets.

Earlier this week, Trump-backed American Bitcoin began trading on the Nasdaq, while World Liberty Financial tokens made their public debut. Meanwhile, another affiliated firm, Thumzup, has outlined plans to acquire thousands of Dogecoin mining rigs.

Despite the fanfare, markets had a muted reaction to the development. DJT shares fell 1.5% to $16.51, while CRO dropped about the same percentage to $0.26.

The deal, first reported in August, could ultimately grow to $6.4 billion if Trump Media draws down additional capital from its credit line. If fully executed, it would create the largest CRO-focused treasury firm to date.

Mentioned in this article

Trump Media and Technology Group announced a $6.42 billion deal with Crypto.com, creating the Crypto Treasury Firm, which was published via SPAC Merger. Partners will focus on the accumulation of CROs. Native tokens from Cropto.com. But lolIs the hat a merger of SPAC? Special Purpose Acquisition Company (SPACS) are established to raise capital through IPOs and can then be used to acquire or merge with other companies.

As announced by TMTG August 26, 2025, “The Trump Media Group CRO Strategy will use funds to establish the Department of Digital Assets Treasury for CRO, the native token of the Chronos Blockchain Ecosystem.”

Interestingly, in May 2025, Trump Media announced a $2.5 billion contract with crypto.com for the Bitcoin Treasury Department. TMTG’s latest $6.42 billion announcement continues in the strategy playbook of Michael Saylor, who began accumulating Bitcoin in 2020.

Comment on the partnership said Devin Nunes, chairman and CEO of TMTG. “Every day, financial markets are becoming digital, and businesses of all sizes and sectors are strategically planning their future by creating comprehensive value propositions and establishing a digital asset treasury centre on assets poised for even greater utility.”

Breaking news:

Today is a historic day $ cro

Trump Media Group CRO Strategy has announced $6.4 billion in funding to build the US Chronos Treasury Department.

Upon closure, the Trump Media Group CRO strategy is expected to become the world’s largest owner of CRO.

Read the press release for more details… pic.twitter.com/qqrszllku4

– crypto.com (@cryptocom) August 26, 2025

Exploration: Cronos Crypto: Trump Media uses crypto.com

The largest publicly traded finance company? The largest digital asset financing company in history and market capitalization ratio?

TMTG-Crypto.com’s Digital Assets Treasury forecast funds consist of $1 billion in CRO, $200 million in cash and $220 million in cash mandatory warrants, with an additional $5 billion in stock from Yorkville affiliates. TMTG said this would “be the first publicly released CRO finance company, as well as the largest digital assets and market capitalization ratio in history.”

Nunes said, “We are excited to continue to be bullish on cryptocurrency, partner with Crypto.com’s industry’s leading global cryptocurrency platform, and partner with one of Yorkville’s most sophisticated investor groups for this strategic initiative.”

Furthermore, TMTG argued that it focuses on yield generation and ecosystem-aligned assets rather than traditional unproductive holdings. The company said its CRO strategy aims to improve capital efficiency.

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“The vast size and structure of this project covers more than the current market capitalization of the CRO.”

$ cro It rose 40% in USD 100 million + 24-hour trading volume following the historic Treasury announcement of $6.4 billion by the Trump Media Group CRO strategy. $ djt It’s up over 5% in news.

The CRO, currently held under the Trump Media Group’s umbrella, currently has a value of over $1.5 billion.

-Kris | crypto.com (@kris) August 27, 2025

Crollal recovered as he registered an intraday profit at 20-30%. Furthermore, I checked Tump Media Stock (DJT) high. However, Yorkville soaked modestly.

crypto.com Co-founder and CEO Kris Marszalek said: “The vast scale and structure of this project is greater than the current market capitalization of the CRO, covering an additional $5 billion credit facility to add more than $400 million in cash and an additional $5 billion in credit facilities.”

“This, coupled with the shared lockup by each party and the Treasury’s validator strategy, makes it a unique and attractive offering compared to all other digital assets and Treasury ministries,” added Marszalek.

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In a moment where art and technology increasingly overlap, a new collaboration is offering collectors a unique chance to experience both. Admire.art and Crypto.com are partnering on a digital art release featuring the evocative work of Spanish painter Lita Cabellut.

Launching June 11, 2025, the collection connects centuries-old artistic traditions with today’s most innovative platforms.

Key Takeaways

• Admire.art and Crypto.com are releasing a curated NFT collection featuring celebrated artist Lita Cabellut.

• The drop includes three artworks, with 10 editions each (30 NFTs total), minted on Ethereum.

• Collectors may gain access to events like vernissages and receive signed books.

• Admire.art works closely with leading galleries to digitize high-end physical art.

• The partnership reflects a growing trend of integrating art and technology to broaden access and appreciation.

Behind the Collaboration

Admire.art is known for working with artists traditionally exhibited in major galleries, translating their works into the digital space. Their partnership with Crypto.com—an NFT marketplace with a global reach—introduces a collection from Lita Cabellut, aiming to bring her expressive portraiture to new audiences.

The series, titled “Alchemy of Emotions,” features three pieces that adapt Cabellut’s signature fresco-inspired technique to a digital canvas.

What Collectors Can Expect

This drop offers more than just digital artwork. Here’s a breakdown of the key features:

• Limited Editions: Only 10 editions per artwork will be available, enhancing their collectible value.

• Blockchain Security: All NFTs are minted on Ethereum, ensuring traceability and permanence.

• Added Access: Selected holders may receive invites to art events and signed books, depending on eligibility.

These features aim to connect the digital art experience with traditional cultural touchpoints.

Lita Cabellut. Source: Admire.art

Inside the Artistry of Lita Cabellut

Lita Cabellut, a Spanish “informal figurative painter,” is known for her emotionally rich, large-scale portraits that reinterpret classical fresco techniques through a bold, contemporary lens.

Her work is part of several prominent collections, including Museo Goya IberCaja and the Fendi Collection.

She is represented by Opera Gallery, a global institution with locations in cities such as New York, Paris, and Hong Kong. Its roster includes artists like Monet, Picasso, Botero, and Kusama—placing Cabellut in distinguished company.

In October 2024, her latest exhibition at the San Fernando Royal Academy of Fine Arts was inaugurated by Queen Letizia of Spain, further cementing her influence in the contemporary art world.

“This collaboration represents a major step forward in bringing renowned artists into the digital space,” said Mickaël Yana, CEO of Admire.art.

Final Thoughts

This collaboration isn’t just about NFTs or galleries—it’s about how people engage with art in a changing world. By bringing Lita Cabellut’s deeply personal and technically rich works into the digital realm, Admire.art and Crypto.com are inviting a broader audience to experience art in a way that feels both familiar and entirely new.

As a result of this collaboration, residents and businesses can pay for services such as visa fees, licensing and utilities via Dubai Pay, the government’s digital payment platform. The pilot program later this year will begin implementing this service.

“Today’s announcement represents a major advance in digital finance adoption with comprehensive integration into the government’s payment class,” said Mohammed Al Hakim, president of Crypto.com. In particular, we entered Dubai in 2023 after receiving our first Virtual Asset Regulatory Authority (VARA) license.

https://t.co/vcnztatkng is proud to be selected for support @dof_dubai With the world’s first agreement to enable the implementation of digitalisation of payments across the government.

read more https://t.co/1ujbe7yh7 pic.twitter.com/ybaobchldi

– crypto.com (@cryptocom) May 13, 2025

Ministry Director General Abdulrahman Saleh Al Saleh said, “We take great pride in our important role in promoting Dubai Finance’s Dubai cashless strategy and shaping the unique digital finance future.”

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Hash key bag vasp license to operate in the UAE via VARA

Hashkey announced its official launch in the UAE on May 12, 2025, with the establishment of Hashkey Global MENA. With a Virtual Asset Service Provider (VASP) license obtained through VARA in Dubai, Hashkey can provide broker-dealer services within and from Dubai.

“As a licensed platform, Hashkey Global Mena adopts institutional needs by providing a regulated, secure gateway for Fiat Crypto transactions, backed by institutional grade safeguards like standard charters and strategic partnerships.”

Going forward, Hashkey Global MENA will focus on providing local individuals and institutions with regulated and secure access to virtual asset services.

Additionally, Fiat-to-Critto transactions at USD and AED will be facilitated by the platform in collaboration with Standard Chartered, an international banking group based in London, UK.

The partnership also provides established cryptocurrency over-the-counter (OTC) trading services.

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Dirham-based Crypto conversion service launched by Mbank in the UAE

Al Maryah Community Bank (MBANK), an integrated digital bank in the UAE, announced on May 12, 2025 that it will launch its Dirham-based Crypto conversion service along with Crypto Custodian Changer.

The UAE’s central bank uses MBANK’s digital infrastructure to promote safe, regulatory escrow retention for AED funds. Additionally, digital assets, including USDT and USDC, and Stablecoins can be converted to AED via the Changer Platform.

Mohammed Wassim Khayata, CEO of Mbank and Changer’s board member, said, “By providing AED escrow account services to changers, we ensure a secure and regulated Dillaham to crypto conversion for changer clients.”

MBANK CTO Tarek Soubra continues. “Customers can convert Cryptocurrencies to AED via Changer.ae and use the modified AED funds seamlessly.

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emarat and crypto.com is collaborating to bring Crypto to a fuel station in the UAE

Emarat, a state-owned fuel retailer, has enabled its customers to pay for fuel and other retail services through its partnership with Crypto.com.

Announced on May 8, 2025, the early stages of this integration will be limited to 10 EMARAT fuel stations across the UAE, with plans to allow crypto payments across the network.

“The partnership with crypto.com reflects our commitment to innovation and offering diverse payment options to our customers. This initiative is in line with the UAE’s strategy to lead digital finance and emerging technologies,” said Ali Khalifa al-Shamsi, director of Emarat.

As a result, customers can bypass traditional Fiat transactions and pay for fuel using Bitcoin and other digital assets directly at the pump.

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Post-Dubai Cashless Strategy: Crypto.com first appeared in 99Bitcoins.

Commenting on the development, Matt David, president and chief corporate affairs officer of North America. crypto.coM said, “Building our presence and workforce in the country’s capital city through a mature regulatory environment under key members of the current administration and parliamentary leadership supports our collective efforts to promote our businesses and sectors responsibly.”

In particular, Crypto.com established its first North American headquarters in Texas in 2024.

Breaking: https://t.co/guuxe3nygz has opened a new office just blocked from the White House, staking Washington’s frontline position to shape US crypto policy. After trading at Texas headquarters and Trump Media ETF, the exchange has doubled in the US. In all eyes $ cro. pic.twitter.com/j41kbp37ho

-kaan (@kaandcronos) May 7, 2025

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The Emarat service station on Crypto.com is currently in operation

The big announcement from Crypto.com was followed by another soon. The company has joined the “Innovative Partnership” with Emirates Petroleum Company PJSC (EMARAT), an oil company with over 155 service stations throughout the UAE. Additionally, the Crypto.com Emarat service station is currently in progress.

“We are pleased to announce that crypto.com UAE’s president, Mohammed Al Hakim, “We are pleased to announce that we are offering a great opportunity to help you.” “The United Arab Emirates is a market leader in cryptocurrency and a leading local oil brand, and is excited to serve tens of thousands of customers every day and help bring digital assets into the next era.”

The partnership will allow Crypto.com to be integrated into the first 10 service stations, showing plans to gradually expand the integration across the Emarat Service Station Network.

“The partnership with Crypto.com introduces our customers to a new era of convenience and potential, while strengthening our future brand position. We fill the gap between energy retail and the emerging financial ecosystem.”

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Trump Media will work with crypto.com to launch “Made in America” ​​Crypto ETF

On April 22, 2025, Trump Media and Technology Group (TMTG), led by US President Donald Trump, announced a partnership with Crypto.com and Asset Manager Yorkville America Digital, launching a series of exchange sales funds (ETFs) with a clear “Made in America” ​​focus.

announcement An overview plan for ETFs featuring a combination of digital assets and traditional securities across sectors such as energy.

In particular, funds will be deployed under the decentralized finance division of Trump Media, Truth.fi. What’s more, it will be Now available from Foris Capital, a broker dealer at Crypto.com. Subject to regulatory approval, the ETF is expected to debut in late 2025.

Trump Media will allocate as part of the initiative part That cash reserve Inside These ETFs. The launch also includes the Truth Suite.fi Individually managed accounts.

This move coincides with Trump Media’s broader fintech ambitions. Following the partnership sealed earlier this year, it holds up to $250 million with Charles Schwab. Importantly, the final deal follows a non-binding deal signed between Trump Media and crypto.com in March.

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The post “US market at the heart of our growth strategy” was the first to appear in 99 Bitcoin, according to Singapore’s Crypto.com.

A few days after Crypto.com and Cronos Labs approved the 70 billion Cro casting, the team teams with Trump Media and Technology Group (TMTG), the company behind Truth Social.

crypto.com and True Social Parent Partners: Learn more

This non-binding transaction causes the two entities to launch exchange trade funds (ETFs) under the Truth.fi brand. The purpose of this partnership is to expand TMTG’s offerings into financial services, combining some of the best cryptocurrencies for purchasing with securities focused specifically on energy, manufacturing and technology companies, particularly energy, manufacturing and technology companies.

Headquartered in Singapore, Crypto.com provides the technology and infrastructure you need to make your execution successful. This includes back-end technology, custody services, and cryptocurrency supplies for ETFs. Foris Capital US LLC, a US subsidiary, will facilitate these offerings.

The crypto assets expected to be included in ETFs are Bitcoin (BTC), Chronos (CRO), Ethereum (ETH), and other top altcoins.

There are no specific timelines set for ETF launches. Still, details suggest potential developments in the second half of 2025, pending regulatory approval from the Securities and Exchange Commission (SEC) and other related institutions. Live, these Crypto ETFs will be made accessible internationally through crypto.com and other brokerage companies.

TMTG plans to complete the transaction by allocating $250 million to these ETFs, with Charles Schwab acting as the manager of these investments.

This partnership is in line with World Liberty Financial (WLFI), which launches Stablecoin on Ethereum and the BNB chain.

The Trump administration’s broader goal is to clarify cryptographic laws, particularly stable laws, while establishing US crypto reserves, which were originally funded by existing holdings. At the same time, President Trump is emphasizing support from American businesses.

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Crypto-safe bullish – or dent?

The deal is consistent with the president’s economic agenda. It could indirectly increase demand for Bitcoin, and could pressure the SEC to speedy approval to expand assets in cryptocurrency. Second, Altcoins, which include CRO prices, may see gatherings as the odds of CRO ETFs are increased.

The outlook seems bullish, but critics highlight regulatory, ethical and practical challenges. Crypto.com has previously faced SEC scrutiny, with some warning that the partnership could trigger the biggest political crypto scandal since the Trump Token. By law, US presidents should avoid business transactions with foreign companies, particularly Singapore-based Crypto.com.

Skepto also pointed out Chris Marzarek’s controversial past before establishing crypto.com, often viewing Crypto’s founder as a “fraud.”

Be honest? It’s no surprise that Trump Media will partner with Crypto.com. In particular, taking into account the fraudulent nature of founders and others… https://t.co/ijd0ke5oz0

– Brett Johnson (@gollumfun) March 25, 2025

The inclusion of CROs and the outlook for Spot ETFs raises even more practical concerns. Despite their high ratings, the Spot Ethereum ETF is struggling to gain traction compared to the Bitcoin ETF.

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This post is about Crypto.com trying to make US Crypto Coin ETFs the mainline? What does this mean for US crypto-protected areas? It first appeared in 99 Bitcoin.