🚀 Cronos Soars 20% After Trump Media Adds It to Blue Chip ETF — Is This the Breakout Moment?
Trump Media will develop a Blue Chip ETF with Cronos and other leading cryptocurrencies.
Crypto.com and the Dubai Land Department investigated real estate tokenization and digital asset payments.
CRO hit $0.100 psychologically despite a 20% 24-hour gain.
Crypto.com's native cryptocurrency Cronos (CRO) rose double-digits on Tuesday after Trump Media and Technology Group (DJT) filed to create a Blue Chip ETF with the SEC. Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP are in the ETF.
CRO rises after Trump Media Group's ETF registration, Dubai Land Department collaboration.
On Tuesday, Trump Media Group filed an S-1 registration statement with the SEC to form a Blue Chip ETF that would own Bitcoin, Ethereum, Solana, Cronos, and XRP. The fund will invest 70% in Bitcoin, 15% in Ethereum, 8% in Solana, 5% in Cronos, and 2% in XRP.
Yorkville America Digital will sponsor the ETF, while Foris DAX Trust Company will keep its cryptocurrency.
The business announced a collaboration with Crypto.com to create US-native cryptocurrency ETFs earlier this year.
On Sunday, Dubai's Land Department (DLD) signed a Memorandum of Cooperation with Crypto.com to study a blockchain-based real estate tokenization framework.
On Monday, the exchange announced that Crypto.com hold had signed the TON Foundation as a customer, enabling it to hold TON blockchain assets.
