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September 9, 2025cryptonews logocryptonews

Trump’s Truth Social Ditches Own Token Plan – Adds $CRO Instead

Trump Media and Technology Group Corp. (TMTG), the company behind Truth Social, has shifted direction on its digital asset strategy, opting to integrate Crypto. com’s Cronos (CRO) token rather than launching its own utility ￰7￱ update, announced Tuesday, introduces a series of new features to the Truth Social platform, including premium tools for subscribers to its Patriot Package, the paid tier of Truth+ ￰8￱ the additions are the ability to edit posts, schedule content, save server-side drafts, and access a version history of published ￰9￱ titles and enhanced search functions are also being rolled out to all ￰10￱ Social Rewards Go Crypto as CRO Replaces In-House Token Plans A central part of the release is the expansion of Truth Social’s rewards ￰11￱ the new system, users can earn “gems” for activity across Truth Social and Truth+.

These gems can now be converted into Cronos (CRO) through Crypto. com’s digital wallet infrastructure, giving participants the option to redeem those gems for a tradable cryptocurrency rather than a proprietary Trump Media ￰12￱ by step — $CRO utility growing every day. ￰0￱ — Kris | ￰13￱ (@kris) September 9, 2025 The move comes months after TMTG indicated plans to launch a native utility ￰14￱ April, CEO Devin Nunes told shareholders that the company was considering a token that could be used to pay for subscriptions to Truth+ and potentially expand across the broader Truth ￰15￱ proposal stopped short of describing the asset as a cryptocurrency, but the language echoed blockchain ￰16￱ the time, Nunes said the token would support a rewards program tied to the Patriot ￰17￱ July, Truth Social confirmed the testing of a digital rewards system , with Patriot Package subscribers able to accumulate gems based on platform ￰18￱ Media and Truth Social are expanding crypto involvement through user incentives and investment products. #trump #etf ￰1￱ — ￰19￱ (@cryptonews) July 10, 2025 A post from the company suggested these rewards would eventually connect to a utility ￰20￱ plan has now shifted, with Crypto.

com’s Cronos becoming the digital currency behind the ￰21￱ Media’s shift to CRO comes as the company seeks to balance its push into digital assets with regulatory ￰22￱ a self-issued token, partnering with an established exchange and blockchain provider gives Truth Social access to existing infrastructure while avoiding the risks of launching and maintaining its own ￰23￱ Social trades publicly under the ticker ￰24￱ a March 2024 listing, the firm was valued at nearly $8 ￰25￱ market capitalization currently sits around $5.5 ￰26￱ limited revenues, the company has maintained momentum through brand recognition, its association with ￰27￱ Donald Trump, and expansion into streaming via Truth+.

The company also operates Truth. Fi, a fintech division launched in January to pursue investments in Bitcoin and other cryptocurrencies as part of a broader digital finance ￰28￱ has previously described its mission as building a platform to counter what it calls “Big Tech censorship,” with Truth Social positioned as an alternative to mainstream social ￰29￱ Media Strikes $105M Deal With ￰30￱ as Pro-Crypto Push Expands TMTG, the parent company of Truth Social, has finalized a $105 million deal with ￰31￱ to purchase 684.4 million Cronos (CRO) tokens as part of a joint treasury ￰32￱ now officially begin our work to #MakeCROGreatAgain – Trump Media has completed its acquisition of 684.4 million CRO as part of our strategic ￰33￱ is now stored and staked with ￰2￱ Custody. ￰3￱ — Kris | ￰34￱ (@kris) September 5, 2025 The agreement, announced Friday, combines cash and stock, with tokens purchased at roughly $0.153 ￰35￱ CRO tokens and TMTG shares exchanged will be subject to a lockup ￰36￱ move follows the launch of the Trump Media Group CRO Strategy, a joint venture between TMTG, Crypto.

com, and Yorkville Acquisition, which plans to build a $6.4 billion CRO ￰37￱ Media + ￰4￱ strike a $6.4B deal to launch a CRO-focused digital asset treasury. #TrumpMedia #Crypto ￰5￱ — ￰38￱ (@cryptonews) August 26, 2025 Truth Social users may eventually gain access to CRO through a rewards ￰39￱ has climbed more than 66% since the treasury initiative was first unveiled in August, trading near $0.27 at the time of ￰40￱ partnership shows Trump’s deepening ties with the crypto ￰41￱ this year, TMTG filed with the ￰42￱ and Exchange Commission (SEC) to launch a Truth Social Bitcoin and Ethereum ETF , with ￰43￱ serving as ￰44￱ ETF, which would allocate 75% to Bitcoin and 25% to Ethereum, remains under SEC review after regulators extended the deadline to October ￰45￱ has also positioned itself among the largest corporate Bitcoin holders, with about 18,430 BTC valued at $2.1 billion, along with $300 million in ￰46￱ holding ranks it sixth globally, ahead of Tesla and Coinbase. @realDonaldTrump Media and Technology Group (TMTG) has made a $300 million investment in options linked to Bitcoin-related securities. #Trump #Bitcoin ￰6￱ — ￰47￱ (@cryptonews) July 28, 2025 Trump’s expanding $1.2 billion crypto empire has drawn both industry support and political ￰48￱ companies and investors have donated over $26 million to his campaign in 2024 , including major contributions from Blockchain.

com, Gemini, Andreessen Horowitz, and Paradigm. Critics, however, warn of conflicts of interest as the administration advances sweeping digital asset policies while family-linked ventures profit across stablecoins, meme coins, and mining projects.

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