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The company has scrapped a large CRO treasury venture, ended a Crypto.com ETF servicing agreement and replaced a planned prediction-market integration with a simpler marketing arrangement.
The changes narrow an expansion that once stretched across crypto treasuries, ETFs and prediction markets, just as Trump Media is putting more attention on its core businesses and proposed merger with fusion-energy developer TAE Technologies.
Key Takeaways
- Crypto.com will no longer service planned Yorkville ETFs.
- Truth Social is scaling back prediction-market integration.
- Trump Media still retains other crypto exposure.
Trump Media Drops Its Biggest Crypto Bet
Trump Media, Crypto.com and Yorkville Acquisition Corp. announced on August 7 that they had terminated the proposed Trump Media Group CRO Strategy business combination, citing market conditions and changing busine...
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