Trump Media Technology Stock News

Trump Media is making another crypto play.

Shares of Trump Media & Technology Group (DJT 6.04%) are jumping on Monday, up 7% as of 1:34 p.m. ET. The jump comes as the S&P 500 and the Nasdaq Composite are little changed.

Truth Social parent Trump Media & Technology Group has partnered with a SPAC called Yorkville Acquisition Corp. and Crypto.com to launch Trump Media Group CRO Strategy, a digital asset treasury company focused on the cryptocurrency CRO.

Trump Media said it will partner with Crypto.com, a trading platform for digital assets, to create a new company that will hold CRO tokens.

Trump Media & Technology Group Corp (NASDAQ:DJT) and Crypto.com have announced a strategic partnership that will integrate Crypto.com's Cronos (CRO) cryptocurrency and digital wallet infrastructure into Trump Media's platforms, including Truth Social and its streaming service Truth+. Per the deal, Trump Media will introduce a rewards system on its platforms that leverages the Crypto.com digital...

Trump Media & Technology Group has reached an agreement with Crypto.com and blank-check vehicle Yorkville Acquisition Corp. to establish a crypto treasury company focused on buying and holding CRO, the native token of the Cronos blockchain. Details of the arrangement were disclosed Tuesday in a filing with the US Securities and Exchange Commission.

Trump Media & Technology Group and Crypto.com have said they plan to launch a company that will implement a treasury-style strategy to accumulate Crypto.com's native token, cronos, deepening the U.S. president's ties to the crypto industry.

Cronos (CRO) Cryptocurrency and Crypto.com Digital Wallet Infrastructure to be Integrated on Trump Media Platforms