Trump Media And Crypto.Com Unveil Predictions Market Partnership
President Donald Trump’s social media platform, Truth Social, is set to become the first social media company to introduce prediction markets, thanks to a new partnership with crypto exchange Crypto.com. Truth Social Introduces ‘Truth Predict’ According to a Tuesday press release, Truth Social users will have the opportunity to engage in prediction markets concerning a […]
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Trump Media and Technology Group, the parent company behind Truth Social, has now completed a $105 million purchase agreement with popular digital exchange Crypto.com. This development follows the previous announcement of the Trump Media Group CRO Strategy Inc. to build a $6.42 billion CRO treasury. Related Reading: Bitcoin Buying Frenzy Ahead As Eric Trump Predicts […]
In a surprising move, Trump Media and Technology Group Inc. and Crypto.com announced a landmark partnership. The new joint venture will be the ‘first and largest publicly traded CRO treasury company,’ with a value of at least $6.42B. The new company will trade under the ticker MCGA, which stands for ‘Make CRO Great Again.’ As part of the deal, Trump Media will purchase approximately $105M worth of Cronos ($CRO), the native token of the Cronos Chain. In turn, Crypto.com will buy $50M of Trump Media stock. The new company plans to acquire 6.3B tokens right away, which is a huge 19% of the....
Crypto.com is facing serious accusations from renowned blockchain investigator ZachXBT, who alleges that the exchange reissued 70 billion CRO tokens previously declared “permanently burned” in 2021—a move he calls a betrayal of trust and “borderline fraud.” The controversy erupted after Trump Media announced a partnership with Crypto.com to launch ETFs on March 24. Crypto.com will […]
Hut 8, a publicly traded Bitcoin (BTC) mining company with a market capitalization of approximately $1.2 billion, announced on Monday a strategic partnership with Eric Trump and Donald Trump Jr. to establish a new mining subsidiary named American Bitcoin. Hut 8 And Trump Sons Unite To Form American Bitcoin According to the press release, Hut […]
Eric Trump has told media he is working to turn at least one Trump family property into tradable tokens that retail investors can buy. Related Reading: Crypto Gets An Address: New York City Unveils US’ 1st Official Crypto Office Based on reports, the plan would let people own small pieces of a building instead of […]