KEY FACTS: Trump Media & Technology Group (TMTG), the parent company of Truth Social and Truth+, has partnered with Crypto.com to integrate the Cronos (CRO) token into its rewards program, allowing premium Patriot Package subscribers to convert "Truth Gems" earned through platform engagement into CRO. This move follows TMTG’s formation of a $6.4 billion digital asset treasury with Crypto.com and Yorkville Acquisition Corp., which includes purchasing 684.4 million CRO tokens for $105 million. The partnership marks a shift from TMTG’s earlier plan to create a proprietary token, leveraging Cronos’ scalable blockchain instead.
Source: Crypto.com, Truth Social
Trump Media Integrates Crypto.com’s Cronos Token into Truth Social Rewards Program
Trump Media & Technology Group (TMTG), the parent company of Truth Social and Truth+, announced a strategic partnership with Crypto.com on Tuesday, September 9, 2025. The agreement introduces a rewards system that allows Truth Social’s premium subscribers to convert “Truth Gems” earned through platform engagement into Cronos (CRO), the native token of Crypto.com’s blockchain ecosystem. This development marks a significant switch from TMTG’s earlier plans to develop its own proprietary token and highlights the company’s deepening ties with the cryptocurrency industry.
The announcement, detailed in a press release from TMTG, outlines how subscribers to the Patriot Package (a paid tier of the Truth+ streaming platform) will gain access to premium features, including the ability to earn “Truth Gems” through activities such as posting, streaming, or other interactions across TMTG’s platforms. These gems can now be converted into CRO using Crypto.com’s wallet infrastructure, creating a seamless bridge between social media engagement and digital assets. The integration positions CRO as a utility token within the Truth Social ecosystem, enabling users to potentially pay for subscriptions or access discounted services with the token.
This strategic partnership follows TMTG’s recent efforts to expand its footprint in the digital asset space. On August 26, 2025, TMTG, Crypto.com, and Yorkville Acquisition Corp. announced the formation of Trump Media Group CRO Strategy, a joint venture aimed at building a $6.4 billion digital asset treasury focused on accumulating CRO tokens. The venture, set to go public via a merger with Yorkville’s special-purpose acquisition company (SPAC) under the ticker “MCGA” (Make CRO Great Again), has already driven significant market interest, with CRO surging 40% to a three-year high of $0.23 following the initial announcement.
As part of the latest deal, TMTG has committed to purchasing 684.4 million CRO tokens, valued at approximately $105 million, through a combination of stock and cash. These tokens, representing about 2% of CRO’s circulating supply, will be held in Crypto.com’s institutional custody and staked to generate additional yield, further aligning TMTG’s financial strategy with the Cronos blockchain’s proof-of-stake model. Crypto.com, in turn, will acquire $50 million in TMTG stock, cementing a mutual investment that deepens the partnership. Both the CRO tokens and TMTG shares involved in the transaction are subject to a lockup period, though the duration remains unspecified.
The move to integrate CRO into Truth Social’s rewards program represents a significant departure from TMTG’s earlier statements. In April 2025, TMTG CEO Devin Nunes indicated in a letter to shareholders that the company was exploring the creation of a proprietary utility token and digital wallet to support Truth+. The decision to adopt CRO instead suggests a strategic shift toward leveraging an established blockchain ecosystem rather than building a new one from scratch. “Cronos is a high-performance, interoperable blockchain designed for speed, scalability, and seamless connectivity between networks, making it a strong foundation for the future American digital economy,” TMTG stated in its announcement, echoing sentiments from Crypto.com’s leadership.
Crypto.com CEO Kris Marszalek hailed the partnership as a “historic moment” for the Cronos blockchain, emphasizing its potential to broaden access to cryptocurrency through TMTG’s platforms. The collaboration also includes plans to co-market Truth+ and Crypto.com’s wallet services, with incentives such as free or discounted Truth+ subscriptions for users who open Crypto.com accounts.
The partnership comes when TMTG is integrating financial services into its platforms. Through its FinTech brand, Truth.Fi, TMTG plans to launch a series of exchange-traded funds (ETFs) in partnership with Crypto.com’s broker-dealer, Foris Capital. These ETFs, expected to go live later in 2025 pending regulatory approval, will focus on digital assets and securities, aligning with TMTG’s vision of a “Made in America” financial ecosystem. The company’s $6.4 billion digital asset treasury strategy, which includes a $5 billion credit line from a Yorkville affiliate, further underscores its ambition to become a major player in the crypto space.
The Cronos blockchain, launched as a mainnet beta in November 2021, is designed to support decentralized finance (DeFi), non-fungible tokens (NFTs), and metaverse projects, with a focus on interoperability and low-cost transactions. Originally known as Crypto.com Coin, CRO was rebranded in 2022 following the transition to the Cronos Chain, a decentralized, open-source blockchain developed by Crypto.com’s founders. With a market capitalization of over $7.8 billion as of September 2025, CRO ranks as the 28th largest crypto asset, according to CoinGecko data.
However, the partnership has not been without controversy. Critics, including prominent on-chain investigator ZachXBT, have raised concerns about Crypto.com’s governance and past practices, with some accusing the exchange of manipulating CRO’s supply. In March 2025, Crypto.com canceled a planned burn of 70 billion CRO tokens, a decision that sparked backlash from some community members who argued that the tokens were meant to be permanently removed from circulation. Additionally, the deepening ties between TMTG, Crypto.com, and the Trump administration have raised ethical questions. Crypto.com’s participation in a White House Crypto Summit hosted by President Donald Trump in March 2025, coupled with the involvement of Trump family members in other crypto ventures like World Liberty Financial, has drawn scrutiny from lawmakers and ethics watchdogs.
Despite these concerns, the market response to TMTG’s crypto initiatives has been largely positive. Following the August 26 announcement of the Trump Media Group CRO Strategy, CRO surged 25% within hours, climbing to $0.20 before reaching $0.23, its highest level since May 2022. By September 5, the token’s price had risen to approximately $0.27, a 66% increase from the initial announcement, with some analysts projecting a potential 176% growth by 2030 driven by staking yields and institutional adoption. TMTG’s stock (DJT) also gained 5% following the partnership news, with the company’s CRO holdings valued at over $1.5 billion.
Analysts see the partnership as a potential catalyst for CRO’s long-term value. The integration of CRO into a closed-loop ecosystem, combined with TMTG’s validator node operations and staking strategy, could drive sustained demand and reduce market volatility.
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