Partnership between crypto.com and Trump Media
The Cro Coin is one of the absolute top performers of today. Since yesterday, the Altcoin has shot an impressive 50 %.
The reason for this is the announcement of a partnership of the crypto exchange crypto.com and Trump Media. But what exactly seems to inspire the price of the platform -owned Cro Coin?
This is exactly what we take a closer look at in this crypto news.
Cro Coin benefits from the 'Made in America' campaign from Trump
Crypto.com, is a large crypto exchange and issuer of the Cronos Coin, which acts under the ticker Cro. The platform -owned cryptocurrency has not had it easy recently and has fallen drastically in particular since the end of 2024. In the meantime, however, the crypto exchange has ventured into new markets and as a result, the latest partnership of Crypto.com seems to breathe life into life again.
The recently announced partnership was received by the crypto exchange with the Trump Media Group. In a press release it says:
“The Trump Media and Technology Group Corp. has signed a non -binding agreement with Crypto.com to set up a number of ETFs and ETPs. include.
In the announcement, it was made clear that these ETFs still require official approval. In addition, Crypto.com and Trump Media have not yet reached a “final” agreement. However, the rumor mill is already boiling that the resulting ETFs will include the Cro Coin.
Is an ETF realistic for the Cro Coin?
How realistic an early ETF for the Cro Coin actually is to be opened. In any case, the news alone ensured that the Cronos course leads the list of TOP100 cryptocurrencies with its current performance.
The whole thing is of course part of the Trump campaign “Made in America” because the primary target market of Crypto.com is the USA. Accordingly, US -based products are to be funded here. Ironically, the crypto exchange has its headquarters in Singapore, which does not make the Cro Coin a US product.
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