Donald Trump's media firm will end its agreement with Crypto.com. This decision means they will not create a large CRO token fund or add prediction markets to Truth Social, changing their Web3 strategy.
Donald Trump’s media company has decided to cancel its planned partnership with Crypto.com. This agreement would have involved building a significant treasury of CRO tokens, which are the native cryptocurrency of the Crypto.com platform. The deal also reportedly included integrating prediction markets, a type of platform where users bet on future events, onto Truth Social. By ending this deal, the company steps away from these Web3 plans. This move shows a shift in strategy for how the former president's digital ventures will engage with the crypto space.
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