Key Takeaways:
- Truth Social now lets Patriot Package users convert engagement “gems” into CRO via Crypto.com.
- Trump Media shifts from creating its own token to integrating CRO within its rewards system.
- Company secures 684.4M CRO tokens (~$105M) as part of a $6.4B digital asset treasury plan.
Trump Media and Technology Group has introduced a major update to its Truth Social platform, enabling users subscribed to the Patriot Package to convert their digital rewards, known as gems, into Cronos (CRO), the native cryptocurrency of Crypto.com.
The gems can be earned through activity across Trump Media’s ecosystem and exchanged via Crypto.com’s wallet services.
JUST IN: 🇺🇸📲 President Trumps Truth Social's latest update allows subscribers to convert "Truth gems" into Cronos $CRO using @cryptocom's digital wallet infrastructure as part of its revamped rewards system. pic.twitter.com/mRsv6FxYjM
— Bitcoin.com News (@BTCTN) September 9, 2025
This represents a strategic shift from earlier plans to launch a proprietary utility token and wallet.
In April, CEO Devin Nunes noted that such a token could have been used for subscriptions and integrated into a broader rewards system, but those plans appear to have been shelved.
Rumors about a Truth Social memecoin were also dismissed by both the company and Donald Trump Jr.
The CRO integration expands Trump Media’s existing collaboration with Crypto.com, which includes plans to launch Truth.Fi exchange-traded funds (ETFs) pending regulatory approval in late 2025.
We’re excited to share that https://t.co/vCNztATkNg and Trump Media have partnered to make $CRO a utility token of the Truth Social platform. In-line with the partnership, Trump Media will purchase approximately $105 million in $CRO for its balance sheet (685,427,004 CRO).… pic.twitter.com/dimycI44yZ
— Crypto.com (@cryptocom) August 26, 2025
Additionally, Trump Media has agreed to acquire roughly 684.4 million CRO tokens, valued at about $105 million, as part of a $6.4 billion digital asset treasury initiative.
These assets will be custodied with Crypto.com, with possible future staking to generate yield.