Trump Media Ditches Crypto.com Deals Amid Shifting Priorities
Trump Media and Technology Group (TMTG) is terminating its deal with Crypto.com to create a $6.4 billion CRO treasury, as well as integrate prediction markets into its Truth Social platform.
The decision was made due to 'prevailing market conditions and shifting business and stakeholder priorities', according to TMTG interim CEO Kevin McGurn.
The CRO treasury deal was announced in September 2025, with the goal of allowing Truth Social users to receive crypto rewards. The media platform also planned to enable prediction markets under the service Truth Predict.
McGurn stated that the decision to roll back the deals was driven more by competitive dynamics rather than regulatory concerns surrounding the administration regulating the crypto industry.