Morning Minute: Trump Family Expands Crypto Empire With CRO

Morning Minute is a day by day e-newsletter written by Tyler Warner. The evaluation and opinions expressed are his personal and don’t essentially mirror these of Decrypt. Subscribe to the Morning Minute on Substack.

GM!

Right now’s high information:

• Crypto majors proceed rebound, SOL leads; BTC at almost $113,000
• Solana DeFi TVL reclaims ATH of $11.76B not seen since January
• CRO token soars 160% in 2 days following Trump Media treasury information
• PUMP jumps 9% after workforce discloses $10M+ in buybacks final week
• OpenSea introduces its onchain copilot ‘OpenSea MCP’

🏛️ Trump Household Expands Crypto Empire With CRO

The Trump household is getting their arms into much more crypto pockets.

The market likes it (a minimum of for now)…

📌 What Occurred

Trump Media, in partnership with Crypto.com, announced plans to construct a $6.4B Cronos (CRO) treasury.

The deal will combine CRO immediately into Reality Social and different Trump-linked platforms, powering rewards, subscriptions, and funds throughout the ecosystem.

Key particulars of the partnership:

• Treasury construct: Trump Media and Crypto.com will amass a $6.4B CRO treasury, positioning the token as a core asset inside the Trump crypto empire
• Product integration: CRO will likely be embedded into Reality Social and Reality+, enabling subscriptions, rewards, and person incentives
• Timing: The transfer comes as Ethereum and Bitcoin treasuries dominate headlines, and but Trump Media is shifting downstream to the 14th largest crypto asset.

Market response: The announcement despatched CRO hovering greater than 60% to $0.37. It has now gained 159% on the week ($37B FDV) and making 3-year highs.

🗣️ What They’re Saying

“The Trump household is constructing essentially the most influential crypto empire on this planet,” wrote one analyst, noting that CRO now joins Bitcoin, Ethereum, and different holdings in Trump Media’s rising digital asset stack.

🧠 Why It Issues

This deal cements the Trump household as arguably essentially the most aggressive political dynasty in crypto.

And that’s probably good (close to time period) and unhealthy (long run).

It’s clearly good for CRO holders from a value motion perspective, and that token is more likely to see continued flows.

And it’s arguably good for the broader crypto ecosystem close to time period to see the Trump household proceed to take a position, because it indicators they’ll proceed to work in direction of implementing coverage to permit crypto to thrive in America (and coverage that makes quantity go up).

However as soon as once more, the Trump household goes even deeper and changing into extra intertwined with crypto—and the Democrats see that.

If a shift in energy occurs, the blowback may very well be swift.

And now one other crypto token is liable to a giant crash.

I suppose for now—let the great instances roll.

However let’s hold monitoring the scenario…

🌎 Macro Crypto and Memes

Just a few Crypto and Web3 headlines that caught my eye:

• Crypto majors were green, led again by SOL; BTC +1.5% at $113,000, ETH even at $4,600, XRP even at $2.99, SOL +4% at $213
• CRO (+58%), PUMP (+9%), RAY (+7%) and MNT (+7%) led to movers
• ETH ETFs pulled in one other $307.2M in internet inflows, whereas BTC tallied $81.4M
• Solana DeFi TVL has returned to its ATH level of $11.74B, final seen in January 2025
• Former Polymarket and Kalshi workforce members have raised $15M from Coinbase and others to construct an onchain, permissionless prediction market
• The Solana Coverage Insitute has pledged $500,000 to the Tornade Money workforce protection
• Rex-Osprey filed to list a BNB staking ETF, extending the tokenized yield ETF push
• The CFTC adopted Nasdaq’s SMARTS to surveil crypto derivatives and prediction markets, aiming to flag manipulation
• “Know Your Issuer” tech pilots with USDC and PYUSD are aimed at curbing counterfeit tokens
• VersaBank kicked off a U.S. pilot for bank-insured tokenized deposits on Ethereum, Algorand and Stellar as a stablecoin various
• Thailand’s ex-PM is meeting with crypto investors to attempt to make it a regional crypto hub

In Company Treasuries

• Metaplanet announced plans to boost one other $880M by way of inventory sale to purchase extra Bitcoin
• Falconedge completed a pre-IPO elevate with plans to construct a BTC treasury

In Memes

💰 Token, Airdrop & Protocol Tracker

Here is a rundown of main token, protocol and airdrop information from the day:

🤖 AI x Crypto

Part devoted to headlines within the AI sector of crypto:

• General market cap up 12% to $13.2B, leaders have been inexperienced
• FARTCOIN (+5%), VIRTUAL (+1%), TIBBIR (-7%), aixbt (+3%) & ai16z (+4%)
• OPAIUM (+14%), SPLAT (+12%) and FXN (+11%) led high movers

🚚 What is going on in NFTs?

Right here is the listing of different notable headlines from the day in NFTs:

• ETH NFT leaders were mixed; Punks -3% at 45.5 ETH, Pudgy +3% at 10.3, BAYC even at 9.7 ETH
• Moonbirds broke via the two.8 ETH wall and ran to three.1
• ACK’s ‘The Damaged Keys’ saw a new ATH sale of $165,000
• Bitcoin NFTs have been principally inexperienced once more, led by Quantum Cats (+23%)
• Summary NFTs have been principally pink, led by Jupis