Trump Media Scraps Crypto.com Treasury Deal and Direct Prediction Market Integration

Trump Media terminates CRO treasury acquisition with Crypto.com and Yorkville, citing competitive markets. The firm pivots to a distributor role, dropping direct prediction market integration on Truth Social.

Woofun AI reports that Trump Media & Technology Group has terminated its agreement with Crypto.com and Yorkville Acquisition Corp. to acquire the CRO Treasury Company. The parties cited shifting business priorities and a competitive digital asset landscape as primary reasons for ending the collaboration. Consequently, Trump Media will cease efforts to integrate prediction markets directly into Truth Social, opting instead for marketing partnerships to promote Crypto.com's products. Interim CEO Kevin McGurn stated the company will refocus on acting as a data partner and distributor, while the existing Truth Social Funds ETF remains unaffected.