Trump’s Truth Social Ditches Own Token Plan – Adds $CRO Instead

CRO Donald Trump Trump Media Trump Media is leveraging its platform's user engagement to build a multi-billion dollar treasury, effectively making a corporate bet on the success of the CRO cryptocurrency. Journalist Hassan Shittu Journalist Hassan Shittu About Author Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in... Author Profile Share Copied Last updated: September 9, 2025 Trump Media and Technology Group Corp. (TMTG), the company behind Truth Social, has shifted direction on its digital asset strategy, opting to integrate Crypto.com’s Cronos (CRO) token rather than launching its own utility token. The update, announced Tuesday, introduces a series of new features to the Truth Social platform, including premium tools for subscribers to its Patriot Package, the paid tier of Truth+ streaming. Among the additions are the ability to edit posts, schedule content, save server-side drafts, and access a version history of published posts. Group titles and enhanced search functions are also being rolled out to all users. Truth Social Rewards Go Crypto as CRO Replaces In-House Token Plans. A central part of the release is the expansion of Truth Social’s rewards program. Under the new system, users can earn “gems” for activity across Truth Social and Truth+. These gems can now be converted into Cronos (CRO) through Crypto.com’s digital wallet infrastructure, giving participants the option to redeem those gems for a tradable cryptocurrency rather than a proprietary Trump Media token. The move comes months after TMTG indicated plans to launch a native utility token. In April, CEO Devin Nunes told shareholders that the company was considering a token that could be used to pay for subscriptions to Truth+ and potentially expand across the broader Truth ecosystem. The proposal stopped short of describing the asset as a cryptocurrency, but the language echoed blockchain terminology. At the time, Nunes said the token would support a rewards program tied to the Patriot Package. In July, Truth Social confirmed the testing of a digital rewards system, with Patriot Package subscribers able to accumulate gems based on platform activity. A post from the company suggested these rewards would eventually connect to a utility token. That plan has now shifted, with Crypto.com’s Cronos becoming the digital currency behind the program. Trump Media’s shift to CRO comes as the company seeks to balance its push into digital assets with regulatory caution. Unlike a self-issued token, partnering with an established exchange and blockchain provider gives Truth Social access to existing infrastructure while avoiding the risks of launching and maintaining its own cryptocurrency. Truth Social trades publicly under the ticker DJT. Following a March 2024 listing, the firm was valued at nearly $8 billion. Its market capitalization currently sits around $5.5 billion. Despite limited revenues, the company has maintained momentum through brand recognition, its association with U.S. President Donald Trump, and expansion into streaming via Truth+. The company also operates Truth.Fi, a fintech division launched in January to pursue investments in Bitcoin and other cryptocurrencies as part of a broader digital finance strategy. TMTG has previously described its mission as... https://cryptonews.com/news/trumps-truth-social-ditches-own-token-plan-adds-cro-instead/ #crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptonewstoday ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple