Trump Media Scraps CRO Treasury Deal With Crypto.com
- Trump Media, Crypto.com and Yorkville have terminated their planned CRO treasury venture.
- The structure had contemplated more than $6 billion in funding capacity.
- Crypto.com will also step away from servicing planned Truth.Fi ETFs.
- Trump Media says market saturation, rather than regulation, drove the decision.
According to Axios, Trump Media & Technology Group and Crypto.com are unwinding a major part of the crypto strategy they built during the 2025 digital asset treasury boom, mutually terminating plans to create a publicly traded company dedicated to accumulating Cronos token CRO.
Interim CEO Kevin McGurn said the decision reflected an increasingly crowded treasury market and a broader strategic reset at Trump Media, rather than concerns about operating in an industry regulated by President Donald Trumpโs administration.
The planned CRO treasury would have had more than $6 billion in capacity
Trump Media, Crypto.com and Yorkville Acquisition Corp. originally announced the proposed business combination in August 2025.
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