- Protection Fund
  1,000 BTC Protection Fund to safeguard your assets
- Career
  Join WEEX and build the future
- WXT Zone
  Exclusive fee rates and airdrops
- Announcement Center
  Get the latest updates from WEEX
- Elite Trader
  Share strategies and earn rewards
- Crypto Wiki
  Master trading with easy-to-follow guides
- Affiliate
  Unlock exclusive perks and high commissions
- Crypto News
  Keep up with the latest crypto trends
- Contact Verifier
  Verify the channels you use
- VIP Perks
  Become a WEEX VIP today
- Events Calendar
  Explore WEEX events around the world
Buy Crypto
- header.nav.buy
  header.nav.buy_desc
- P2P Trading
  Buy crypto with 0 fees
Markets
Futures
- USDT-M Futures
  Perpetual futures settled in USDT
- Demo Trading
  USDT-M futures demo
- About Futures
  Trade with confidence
- Leaderboard
  Current & past leaderboards
Spot
Copy Trade
WE-Launch

Scan to download
More options

Trump Media & Technology Group: Has Acquired Approximately 2% of CRO Circulating Supply

By: theblockbeats.news|2025/09/05 13:52:32

BlockBeats News, September 5th, according to globenewswire, Trump Media & Technology Group announced today that it has completed the previously announced acquisition agreement with Crypto.com.

Under the agreement, Trump Media & Technology Group will acquire 6.844 billion Cronos (CRO) tokens at a price of approximately $0.153 per token, with the transaction conducted through a 50% stock and 50% cash exchange with Crypto.com. These tokens represent about 2% of the current circulating CRO supply (in addition, Trump Media & Technology Group's CRO Strategy Company will acquire approximately 19% of the circulating CRO).

Trump Media & Technology Group will custody its CRO through Crypto.com's institutional-grade custody service, Crypto.com Custody, allowing Trump Media & Technology Group to earn additional yield through token staking. The Trump Media & Technology Group stock and CRO tokens exchanged in the transaction will be subject to lock-up periods.

Analyst: Fed Rate Cut in September Unlikely to Be Derailed by Worsening Inflation Data

The three major U.S. stock indices all hit intraday record highs after the opening bell.