Trump Media Cancels $6.42 Billion Crypto Deal with Crypto.com
Trump Media has terminated its $6.42 billion treasury deal with Crypto.com, shifting focus towards media and a merger with a fusion energy firm. This decision reflects a broader decline in interest in cryptocurrency ventures amid increasing scrutiny of Trump's digital-asset businesses.
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Trump Media, Crypto.com end $6.42B CRO treasury deal
Trump Media ended its $6.42B CRO treasury combination and dropped direct Truth Social prediction integration as it shifts focus to TAE.
Trump Media’s $6.4 billion crypto venture canceled amid escalating Trump ethics concerns
Trump Media & Technology Group and Crypto.com scrapped plans for a $6.42 billion digital-asset treasury venture. The move unwinds one of the largest crypto projects connected to President Donald Trump as scrutiny of his family’s digital-asset businesses intensifies in Washington. On Aug. 7, Trump Media, Crypto.com, and Yorkville Acquisition Corp. said they had mutually agreed […] The post Trump Media’s $6.4 billion crypto venture canceled amid escalating Trump ethics concerns appeared first on CryptoSlate .
Trump Media pulls back from crypto, scraps Crypto.com's CRO token treasury deal
The Truth Social parent company is refocusing on media and its pending merger with a fusion energy firm, as the digital asset treasury boom has lost its steam.
Trump Media Abandons Crypto Treasury, Prediction Market Ventures
Truth Social's parent company is unwinding two major Crypto.com deals as new leadership shifts its focus to media, data licensing, and a planned merger with fusion energy company TAE.
Trump Media and Crypto.com end partnerships as companies shift priorities
This ends plans Trump Media, Crypto.com and Yorkville Acquisition Corp. had to turn Yorkville into a CRO treasury company.