Donald Trump · Axios · U.S. Treasury · Strategy · Decrypt
In October 2025, Trump Media announced plans to launch Truth Predict
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In December, the companies unveiled plans for a publicly traded CRO treasury company with Yorkville Acquisition Corp., which was expected to hold billions of CRO tokens.
Key facts
- The CRO token currently trades for $0.05, falling sharply following the news, at around a $2.4 billion market capitalization
- In October 2025, Trump Media announced plans to launch Truth Predict, a Crypto.com-powered prediction market integrated with Truth Social
- President Donald Trump’s Trump Media & Technology Group has scrapped plans to launch a Crypto.com-backed CRO treasury company and abandoned a broader digital asset deal with the company
- According to a report by Axios, Trump Media, Crypto.com, and special purpose acquisition company Yorkville Acquisition Corp
Summary
Trump Media has ended plans for a Crypto.com-backed CRO treasury company. The companies also scrapped a broader digital asset deal and scaled back prediction market plans. President Donald Trump’s Trump Media & Technology Group has scrapped plans to launch a Crypto.com-backed CRO treasury company and abandoned a broader digital asset deal with the company. According to a report by Axios, Trump Media, Crypto.com, and special purpose acquisition company Yorkville Acquisition Corp. have mutually agreed to terminate the proposed Trump Media Group CRO Strategy, a previously announced services agreement, and related digital asset products. The venture would have licensed the Trump Media name for a company built around Crypto.com's Cronos blockchain and the Cronos token, which trades as CRO.