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Donald Trump's media company Trump Media & Technology has signed a cooperation agreement with crypto platform Crypto.com. The agreement means that the cryptocurrency cronos will be integrated on the Truth Social platform and can be used as a means of payment.
Trump Media is thus investing $105 million in the cryptocurrency, while Crypto.com is in turn buying $50 million worth of shares in Trump Media. The announcement sent shares in Trump's company soaring nearly ten percent in pre-market trading on the New York Stock Exchange.
Source: https://www.globenewswire.com/news-...rypto-com-Announce-Strategic-Partnership.html
Trump Media is thus investing $105 million in the cryptocurrency, while Crypto.com is in turn buying $50 million worth of shares in Trump Media. The announcement sent shares in Trump's company soaring nearly ten percent in pre-market trading on the New York Stock Exchange.
Source: https://www.globenewswire.com/news-...rypto-com-Announce-Strategic-Partnership.html