Trump Media & Technology Group Corp (NASDAQ:DJT) revealed on Tuesday that it has entered into a strategic partnership with the cryptocurrency platform Crypto.com.
Under the terms of the deal, Trump Media will acquire around $105 million worth of CRO, Crypto.com’s native token. In exchange, Crypto.com will invest $50 million in Trump Media shares.
The collaboration also plans to integrate the CRO token into Trump Media’s Truth Social and Truth+ platforms. Users who open a Crypto.com account are expected to gain perks, including free or discounted Truth+ subscriptions.
This partnership marks a notable step for both companies, aiming to bridge the gap between traditional media and the growing cryptocurrency ecosystem.
Trump Media & Technology Group stock price
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