Strategic Partnership Announcement

Trump Media Platforms revealed on Tuesday its groundbreaking partnership with Crypto.com to integrate digital wallet infrastructure into its Truth Social and Truth+ platforms as part of an innovative rewards system.

Rewards System Details

The collaboration introduces a comprehensive rewards program that enables users to convert platform-earned gems into CRO tokens and access various benefits. Users will gain the ability to pay for subscriptions using their CRO balances, with Crypto.com account holders receiving special privileges.

Security and Revenue Generation

Trump Media will secure its CRO holdings through Crypto.com's Custody service, which also allows for staking to generate additional revenue streams for the company.

Major Financial Investments

As part of this strategic alliance, Trump Media has committed to purchasing $105 million worth of Cronos (CRO) tokens, while Crypto.com will invest $50 million in Trump Media common stock, signaling strong mutual confidence in the partnership's success.