What to Know:
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Trump Media to hold nearly 7B CRO, the largest in the world
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CRO set as the platform token powering Truth Social rewards
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$MCGA to access $5B credit line to buy even more CRO
Truth Social has just announced a grand partnership centered on Cronos ($CRO). The company is set to become the largest holder of CRO tokens in the world, with plans to use the cryptocurrency as the main platform token on Truth Social and roll out a new rewards system for its users.
A Landmark Deal with $YORK
On Monday, Trump Media Group CRO Strategy signed a definitive agreement for a business combination with Nasdaq-listed Yorkville ($YORK). Once the deal closes, the new company will trade under the ticker $MCGA, short for Make CRO Great Again.
At completion, Trump Media Group CRO Strategy will hold over 6.3 billion CRO tokens, valued at nearly $1 billion at the time of announcement. This will make it the world’s single largest holder of Cronos.
But the story doesn’t stop there. Trump Technology Media Group ($DJT) has also purchased an additional $105 million worth of CRO, while Crypto.com, the leading exchange behind Cronos, invested $50 million in DJT. Together, this brings the total under Trump Media’s umbrella to almost 7 billion CRO tokens.
CRO Becomes Truth Social’s Platform Token
As part of this sweeping deal, Cronos will officially become the platform token of Truth Social. That means CRO will power new user rewards, tipping features, and potentially payments across the app. For users, this could turn everyday engagement on Truth Social into opportunities to earn and spend CRO.
Trump Media Group says the mission is to create a “flywheel effect”: raise funds, buy CRO, drive up its value, then reinvest the gains into acquiring more CRO. In theory, this cycle could keep expanding Truth Social’s ecosystem while supporting Cronos’s market growth.
Billions in Dry Powder
The numbers behind this deal are staggering. On top of the CRO holdings, Trump Media Group CRO Strategy is expected to have $200 million in cash to purchase even more CRO.
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Through warrants, Crypto.com and Trump Media Group each gave $100 million.
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Also via warrants, Yorkville gave $20 million.
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Plus, a massive $5 billion line of credit from Yorkville specifically earmarked to acquire more CRO.
Altogether, that’s over $420 million in immediate cash and access to billions more an unprecedented war chest in the digital asset treasury space. The announcement noted that to reach a similar scale of buying power in Ethereum, a treasury company would need to purchase hundreds of billions worth of ETH.
Long-Term Commitment
One key detail of the plan is that Trump Media Group CRO Strategy has pledged to hold its CRO tokens forever. The company plans to stake CRO in addition to holding it, which will create ongoing revenue streams for $MCGA shareholders.
All founding partners including Trump Media, Yorkville, and Crypto.com are committed to multi-year lockups. Trump Media and Yorkville agreed to a four-year deal, but management will be locked up for one year and then gradually released. The setup only leaves 13% of the public float, which is owned by the original $YORK shareholders. Analysts say that this structure makes $MCGA a one-of-a-kind chance in the digital asset treasury market.
Why This Matters
This move means more than just a business move for Truth Social users. It means that crypto rewards will be a part of the platform’s daily life. Truth Social could soon offer CRO-based rewards for posting, sharing, and interacting, which would give the app a new level of real-world value.
The effect on Cronos could be even bigger. With Trump Media Group becoming the largest holder and staking operator of CRO, demand could climb while circulating supply shrinks. If the “flywheel effect” happens, this partnership could help Cronos become a key blockchain for payments, DeFi, and even AI-driven services in the future.
Final Thoughts
People in the market have already reacted positively to the news, seeing it as a rare mix of politics, media, and crypto. We don’t know yet if CRO can really become the backbone of Truth Social and the digital economy as a whole. But this move puts both Cronos and Truth Social in the spotlight because they have billions of dollars in funding, a clear long-term commitment, and the brand power of Trump Media.
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