THE TROMP MEDIA HAS TERMINATED THE CRO FINANCIAL TRANSACTION, AND THE WHOLE ENCRYPTED FINANCIAL BOOM MAY FOLLOW

The scheduled CRO financial transactions were terminated on 7 August by the Trump media with Crypto.com and Yorkville. This withdrawal shows that companies based on the use of tokens as a balance sheet strategy are facing problems of saturation that they were intended to address. According to Kevin McGurn, interim chief executive officer of the Trump media, the financial sector has become overcrowded. The transaction initially attracted a great deal of attention at a scale of $6.42 billion, but less than a year later, the termination of the transaction was not only a breakdown of the transaction, but also the first major public recognition that there might be structural limitations to an enterprise ' s encrypted financial model。