{"id":1016,"date":"2025-08-26T22:39:12","date_gmt":"2025-08-26T22:39:12","guid":{"rendered":"http:\/\/www.agencywebdesigners.com\/?p=1016"},"modified":"2025-08-28T16:18:39","modified_gmt":"2025-08-28T16:18:39","slug":"trump-family-crypto-empire-expands-with-crypto-com-partnership","status":"publish","type":"post","link":"http:\/\/www.agencywebdesigners.com\/index.php\/2025\/08\/26\/trump-family-crypto-empire-expands-with-crypto-com-partnership\/","title":{"rendered":"Trump family crypto empire expands with Crypto.com partnership"},"content":{"rendered":"<p><strong>By ALAN SUDERMAN<\/strong><\/p>\n<p>President Donald Trump\u2019s personal <a href=\"https:\/\/apnews.com\/article\/donald-trump-stablecoins-congress-cryptocurrency-94fa3c85e32ec6fd5a55576cf46e58ea\">crypto<\/a> ventures are expanding again, this time with plans for a digital asset treasury company that holds an alternative cryptocurrency.<\/p>\n<aside class=\"related left\">\n<h2 class=\"widget-title\" data-curated-ids=\"\" data-relation-type=\"automatic-primary-section\">Related Articles<\/h2>\n<ul>\n<li>\n\t\t\t<a class=\"article-title\" href=\"https:\/\/www.denverpost.com\/2025\/08\/27\/cdc-susan-monarez-out\/\" title=\"CDC director Susan Monarez is fired and other agency leaders resign\"><\/p>\n<p>\t\t\t\t<span class=\"dfm-title metered\"><br \/>\n\t\t\tCDC director Susan Monarez is fired and other agency leaders resign\t\t<\/span><\/p>\n<p>\t\t\t<\/a><\/p>\n<\/li>\n<li>\n\t\t\t<a class=\"article-title\" href=\"https:\/\/www.denverpost.com\/2025\/08\/27\/med-cdc-foodnet\/\" title=\"CDC dramatically scales back program that tracks food poisoning infections\"><\/p>\n<p>\t\t\t\t<span class=\"dfm-title metered\"><br \/>\n\t\t\tCDC dramatically scales back program that tracks food poisoning infections\t\t<\/span><\/p>\n<p>\t\t\t<\/a><\/p>\n<\/li>\n<li>\n\t\t\t<a class=\"article-title\" href=\"https:\/\/www.denverpost.com\/2025\/08\/27\/trump-federal-intervention-union-station\/\" title=\"Trump extends control over Washington by taking management of Union Station away from Amtrak\"><\/p>\n<p>\t\t\t\t<span class=\"dfm-title metered\"><br \/>\n\t\t\tTrump extends control over Washington by taking management of Union Station away from Amtrak\t\t<\/span><\/p>\n<p>\t\t\t<\/a><\/p>\n<\/li>\n<li>\n\t\t\t<a class=\"article-title\" href=\"https:\/\/www.denverpost.com\/2025\/08\/26\/federal-intervention-democrats\/\" title=\"Democratic leaders look to derail Trump as he threatens to send National Guard to more cities\"><\/p>\n<p>\t\t\t\t<span class=\"dfm-title metered\"><br \/>\n\t\t\tDemocratic leaders look to derail Trump as he threatens to send National Guard to more cities\t\t<\/span><\/p>\n<p>\t\t\t<\/a><\/p>\n<\/li>\n<li>\n\t\t\t<a class=\"article-title\" href=\"https:\/\/www.denverpost.com\/2025\/08\/26\/trumps-bid-to-support-coal-could-cost-ratepayers-billions-report-finds\/\" title=\"Trump\u2019s bid to support coal could cost ratepayers billions, report finds\"><\/p>\n<p>\t\t\t\t<span class=\"dfm-title metered\"><br \/>\n\t\t\tTrump\u2019s bid to support coal could cost ratepayers billions, report finds\t\t<\/span><\/p>\n<p>\t\t\t<\/a><\/p>\n<\/li>\n<\/ul>\n<\/aside>\n<p>Trump Media and Technology Group, which operates the Truth Social media platform, <a href=\"https:\/\/www.globenewswire.com\/news-release\/2025\/08\/26\/3139279\/0\/en\/Trump-Media-Group-CRO-Strategy-to-Acquire-6-42-Billion-for-CRO-Digital-Asset-Treasury.html\">announced<\/a> Tuesday that it was partnering with the cryptocurrency exchange Crypto.com to form a company that holds CRO, a token created by Crypto.com. A blank check company tied to Yorkville Advisors is another co-founder of the new firm, called Trump Media CRO Strategy.<\/p>\n<p>Trump Media said it plans to purchase $105 million worth of CRO. Yorkville said the total expected funding for the company\u2019s treasury will be $1 billion worth of CRO, or about 19% of the token\u2019s market cap, plus $420 million in cash and equivalents and as a $5 billion line of credit.<\/p>\n<p>The announcement is part of the <a href=\"https:\/\/apnews.com\/article\/bitcoin-treasury-companies-donald-trump-michael-saylor-2a767b92cd1cd83038bdd675c4ef26d6\">hottest trend<\/a> in crypto, in which a wide variety of companies \u2013 many with no obvious ties to the world of digital assets \u2013 have made buying and holding cryptocurrency a primary part of their business plan. The model is based on MicroStrategy, a tech firm that first started buying bitcoin in 2020 and has seen its stock price soar.<\/p>\n<p>\u201cCompanies of all sizes and sectors are strategically planning for the future by establishing digital asset treasuries anchored by assets that have created a comprehensive value proposition and are poised for even greater utility,\u201d Devin Nunes, the chairman and CEO of Trump Media, said in a statement.<\/p>\n<p>Trump Media said it plans to introduce a \u201crewards system\u201d on Truth Social that uses Crypto.com digital wallet infrastructure. CRO saw its price jump Tuesday morning by about 30% to 21 cents a token. It\u2019s still far off from its all-time high of nearly 97 cents a token that it hit in 2021.<\/p>\n<h4>Expanding Crypto Empire<\/h4>\n<p>Since taking office, the Trump administration has pushed for crypto-friendly regulations and laws, while the Trump family has aggressively sought to expand its crypto-related businesses.<\/p>\n<p>That unprecedented dynamic has led to allegations of corruption from Democrats, though the president says he has entrusted the management of his business dealings to his sons.<\/p>\n<p>In May, Trump <a href=\"https:\/\/www.ap.org\/news-highlights\/spotlights\/2025\/the-crypto-industry-saw-trump-as-a-champion-some-now-fear-hes-putting-personal-profits-first\/\">rewarded<\/a> top investors in his meme coin with a swanky dinner. Trump launched the coin just days before taking office. Fans of the president have also been able to buy crypto-themed <a href=\"https:\/\/apnews.com\/article\/trump-crypto-watch-sneakers-memecoin-2b49fd975e2cce7a6f61e068f6fd04af\">Trump merchandise<\/a>, including $100,000 watches and pricey sneakers.<\/p>\n<p>Trump Media previously <a href=\"https:\/\/apnews.com\/article\/trump-media-crypto-etf-bitcoin-ripple-fb17cef26a8ff211a7a410cbdb8013fe\">announced<\/a> plans to hold a significant amount of bitcoin on its books as well as to create an exchange-traded fund tied to the prices of five popular cryptocurrencies.<\/p>\n<p>World Liberty Financial, a cryptocurrency company launched by Trump and his sons last year, has received significant boosts from an investment fund in the United Arab Emirates and Justin Sun, a China-born crypto entrepreneur. The Securities and Exchange Commission has paused a lawsuit it filed against Sun in 2023 alleging his company engaged in market manipulation and <a href=\"https:\/\/www.sec.gov\/newsroom\/press-releases\/2023-59\">paid celebrities<\/a> for undisclosed promotions.<\/p>\n<p>A little-known firm called ALT5 Sigma recently announced it was planning to raise $1.5 billion to buy the digital coins created by World Liberty Financial and that Eric Trump, the president\u2019s son, is joining the company\u2019s board.<\/p>\n<p>Also on Tuesday, a firm called Canary Capital filed <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/2083122\/000199937125012002\/trump-s1_082625.htm#trumps1a004\">paperwork<\/a> with the SEC seeking to sell an exchange-traded fund that will track the price of the president\u2019s meme coin.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By ALAN SUDERMAN President Donald Trump\u2019s personal crypto ventures are expanding again, this time with plans for a digital asset treasury company that holds an alternative cryptocurrency. Related Articles CDC director Susan Monarez is fired and other agency leaders resign CDC dramatically scales back program that tracks food poisoning infections Trump extends control over Washington&hellip;<\/p>\n","protected":false},"author":1,"featured_media":275,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[18],"tags":[],"_links":{"self":[{"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/posts\/1016"}],"collection":[{"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/comments?post=1016"}],"version-history":[{"count":1,"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/posts\/1016\/revisions"}],"predecessor-version":[{"id":1017,"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/posts\/1016\/revisions\/1017"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/media\/275"}],"wp:attachment":[{"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/media?parent=1016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/categories?post=1016"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/tags?post=1016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}