Trump Media and Technology Group terminates plans to create a CRO treasury and prediction markets with Crypto.com.
Trump Media and Technology Group (TMTG) will terminate its $6.4 billion deal with Crypto.com, scrapping plans to establish a CRO treasury and integrate prediction markets into Truth Social. The decision follows shifting business priorities and market conditions, according to a joint statement from TMTG, Crypto.com, and Yorkville Acquisition Corp.
The CRO treasury deal, announced in September 2025, aimed to purchase billions in Crypto.com’s CRO tokens, potentially offering crypto rewards to Truth Social users. A subsequent October announcement outlined plans for Truth Predict, a prediction markets feature. The termination reflects competitive dynamics rather than regulatory concerns, sources said.
TMTG will now focus on its merger with energy company TAE, signaling a strategic pivot away from crypto-related initiatives. The move comes as the Trump administration faces scrutiny over crypto industry regulations.