Trump Media Scraps Crypto Treasury Deal with CRO

Trump Media and Technology Group, the parent company behind Truth Social, has officially canceled its multibillion dollar treasury deal with Crypto.com. The agreement, which was first announced in early 2025, aimed to build a digital asset treasury venture. Company leaders stated that current market conditions and a desire to refocus on core business operations prompted the decision to abandon the project.

The firm is now prioritizing its upcoming merger with TAE Technologies. This all stock deal, valued at over 6 billion dollars, seeks to establish a major publicly traded fusion energy company. The partnership plans to work toward building a large scale fusion power plant by 2026, backed by research in hydrogen boron technology.

While the treasury plan is off the table, Truth Social will still market prediction products from Crypto.com to its user base. Investors should watch for the completion of the energy merger as the company shifts its strategy toward power generation and audience monetization. Management expects to finalize the fusion deal before the end of 2026.