Published Sat, Aug 8, 2026 · 03:10 PM

[PORTLAND] A year after agreeing to form a digital treasury company to buy billions of dollars of the Crypto.com digital token known as CRO, Trump Media and Technology Group ended the deal on Friday (Aug 7).

The two companies also dropped a plan that would have made prediction market contracts available on the Truth Social network, which is owned by Trump Media.

The withdrawal marks a step back by the Trump-controlled conglomerate from the crypto space after Bitcoin prices fell by nearly half to around $65,000 since their peak in 2025 and enthusiasm for token-hoarding stock vehicles faded.

Crypto.com and Trump…