Crypto.com and Trump Media & Technology Group have announced a groundbreaking partnership to create a $6.4 billion crypto treasury firm. This collaboration represents a major move for both companies, integrating Crypto.com’s wallet infrastructure into Truth Social and placing its CRO token at the heart of Truth Social’s rewards and subscription ecosystem.

As part of the deal, Trump Media will purchase $105 million worth of CRO tokens—around 2% of the total supply—while Crypto.com will invest $50 million in Trump Media shares. Together, they are forming a new entity, Trump Media Group CRO Strategy Inc., which will merge with the publicly traded SPAC Yorkville Acquisition Corp. The merged company will trade under the ticker “MCGA” and aims to become the world’s largest holder of the CRO token.

This strategic partnership ties Trump Media’s future more closely to the world of cryptocurrency, expanding its digital capabilities and offering new incentives to users of Truth Social. For Crypto.com, the deal secures a prominent role in a rapidly growing media platform and illustrates the increasing convergence of social media and digital assets.

By adopting CRO as a utility token, Truth Social is set to deliver enhanced experiences for its community through blockchain technology, including upgraded rewards and subscription models. This development reflects broader trends in both tech and finance, where companies leverage digital assets to drive engagement and unlock new revenue streams.