Trump Media Scraps CRO Token Treasury Deal, Refocuses on Core Business

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Trump Media, the parent company of Truth Social, has cancelled its planned cryptocurrency treasury deal with Crypto.com involving the CRO token. The company stated it is shifting its focus back to its core media operations rather than pursuing digital asset holdings. Trump Media also cited its upcoming merger with a fusion energy firm as a strategic priority. The decision comes as broader enthusiasm for corporate crypto treasury strategies appears to be fading across the industry.

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