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Trump Media Scales Back Crypto Plans, Scraps CRO Treasury Venture
Trump Media and Technology Group (DJT) is pulling back from parts of its cryptocurrency expansion, abandoning plans for a publicly traded company designed to accumulate Cronos (CRO) tokens as the digital asset treasury sector faces tougher market conditions. Trump Media, Crypto.com and Yorkville Acquisition announced Friday that they had mutually agreed to terminate plans for Trump Media Group CRO Strategy.
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