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Helen Partz Aug 28, 2025 Crypto.com's Cronos jumps 40% on Trump Media Group CRO Strategy news Crypto.com-backed CRO jumped 40% on the announcement of the Trump Media Group CRO Strategy, reaching levels not seen since May 2022.
Crypto.com's Cronos jumps 40% on Trump Media Group CRO Strategy news News COINTELEGRAPH IN YOUR SOCIAL FEED Follow our Subscribe on Cronos, the native cryptocurrency of the Crypto.com-backed Cronos Chain, surged to multi-year highs following news of the Trump Media Group CRO Strategy launch.
On Tuesday, Trump Media and Technology Group announced launching a joint $6.4 billion Cronos treasury with Crypto.com and Yorkville Acquisition.
Cronos CRO $0.3204 surged 25% to $0.20 within hours after the announcement, before climbing past $0.23 on Wednesday, its highest level since May 2022, according to CoinGecko data.
The news has sparked mixed reactions within the community as some CRO holders were optimistic, while others expressed skepticism toward the influence of political figures.
Trump Media’s CRO holdings are at $1.5 billion Amid CRO rising to multi-year highs, Crypto.com CEO Kris Marszalek took to X on Wednesday to report that the crypto asset had surged 40% following the Trump Media Group CRO Strategy announcement.
Trump Media (DJT) shares rose 5% on the news, Marszalek noted, adding: “Value of CRO held under Trump Media Group umbrella now at over $1.5 billion.” $TRUMP
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