Trump Media pulls back from crypto, scraps Crypto.com's CRO token treasury deal
60-second summary
Trump Media is pulling back from crypto, scrapping its deal with Crypto.com to hold CRO tokens in its treasury, as the digital asset boom loses steam. This move reflects the company's refocus on media and its pending merger with a fusion energy firm.
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.