Trump Media pulls back from crypto, scraps Crypto.com's CRO token treasury deal

CryptoInfo Editorial Team · Published on August 07, 2026 at 21:13 · Updated on August 08, 2026 · 1 min read

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Key Takeaways

→Trump Media is pulling back from its involvement in the cryptocurrency space
→The company has scrapped its deal with Crypto.com to manage a treasury of CRO tokens
→Trump Media is refocusing on its media business and a pending merger with a fusion energy firm

Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

Trump Media, the parent company of Truth Social, is pulling back from its involvement in the cryptocurrency space. According to reporting from CoinDesk, the company has scrapped its deal with Crypto.com to manage a treasury of CRO tokens.

This move is part of a broader shift in focus for Trump Media, which is now prioritizing its media business and a pending merger with a fusion energy firm. The decision comes as the digital asset treasury boom has lost momentum.

Source: CoinDesk ↗