Trump Media and Technology Group is retreating from the crypto industry it once embraced as a growth engine.

On August 7, the company behind Truth Social confirmed it had mutually terminated plans for Trump Media Group CRO Strategy, a proposed publicly traded company that would have accumulated Crypto.com’s CRO token on a massive scale. The venture, announced in August 2025, was designed to hold more than 6.3 billion CRO tokens through a structure financed by $1 billion in CRO from Crypto.com, $200 million in cash, $220 million in warrant exercises, and a $5 billion equity credit line.

That is now dead. So is Truth Predict, the prediction market product that Crypto.com was building for integration into Truth Social. And so are the…