Donald Trump's media company Trump Media & Technology has signed a cooperation agreement with the cryptocurrency platform Crypto.com. The agreement means that the cryptocurrency cronos will be integrated on platforms such as Truth Social and can be used as a means of payment.
Trump Media is thus investing 105 million dollars in the cryptocurrency while Crypto.com in turn buys shares for 50 million dollars in Trump Media. The announcement makes the share in Trump's company surge almost ten percent in pre-trading on the New York stock exchange.