Trump Media Scraps Crypto Treasury Deal with Crypto.com
Trump Media has retreated from the cryptocurrency sector, abandoning plans to use Crypto.com's CRO token as part of its treasury management system.
The decision marks a significant shift in strategy for the media company, which had initially expressed enthusiasm for exploring digital assets and blockchain technology.
Crypto.com's CRO token was set to be used by Trump Media as part of its treasury deal, but it appears that this plan has been scrapped.