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Trump Media Ends Crypto Projects With Crypto.com

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JH Kim

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Trump Media & Technology Group is ending two cryptocurrency-related projects it had been pursuing with Crypto.com, Axios reported on August 7.

The companies agreed to terminate a previously announced services agreement and plans for certain crypto products.

Interim Chief Executive Officer Kevin McGurn said Trump Media will focus on its media businesses, including Truth Social, and its merger with energy startup TAE Technologies.

He said he hopes to complete the TAE merger before the end of the year.

Photo: Shutterstock
Photo: Shutterstock
#Macroeconomy
#Policy
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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