Trump Media terminates planned crypto deals with Crypto.com, cancels CRO treasury plan
Trump Media & Technology Group (DJT) terminated its planned crypto ventures with Crypto.com, including the proposed $6.4 billion CRO treasury company and a prediction-market integration into Truth Social. The company cited market saturation and shifting business priorities, refocusing on its media business and pending TAE fusion merger. CRO fell approximately 5-5.5% following the announcement.
Detected & updated continuously · Source: Nebula
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@CryptoNewsHntrs
JUST IN 🇺🇸 TRUMP MEDIA TERMINATES ALL PLANNED CRYPTO DEALS WITH https://t.co/GvBHckjD86 CRO TREASURY DEAL IS DEAD. https://t.co/PGltnbWmdr
@cryptodylnews
🔔 TRUMP ENDS https://t.co/uQtyElg8IT DEALS, crypto-com-chain:native FALLS -5% https://t.co/qLEEKDRukZ
@CryptoVPromo
📰 NEWS: Trump Media is stepping back from its planned crypto ventures with Crypto. com, shifting its focus toward Truth Social, data licensing, and its pending TAE merger. https://t.co/HSDMuJtqOW
@ASICmachine
Trump Media unwinds deals with Crypto.com (x-post from /r/Cryptocurrency)
@0xZhao888
TRUMP MEDIA HỦY KÈO $CRO VÀ BIẾN ĐỘNG ĐÊM QUA Thị trường đêm qua chứng kiến việc làm Mỹ giảm 23k đẩy $BTC lên $65.3K trước khi tích lũy quanh $64.8K. Trump Media quay xe và đòn trừng phạt Trump Media hủy thương vụ treasury $CRO khiến giá giảm 5.5%. Cùng lúc, https://t.co/4zdouZvLcc
@bc_academics
🤝 Trump Media Scraps https://t.co/n9nDHdmikc CRO Treasury Deal #CryptoNews #Blockchain #Crypto https://t.co/AKVv2ayKpC
@CryptosR_Us
❌ Trump Media terminates its planned crypto deals with Crypto. com. The proposed venture was set to become a publicly traded CRO treasury company. The stated reason: market saturation, not regulatory concerns. https://t.co/ertylyIPHi
@CryptoTony__
JUST IN: 🇺🇸 Trump Media has terminated planned crypto deals with Crypto․com