A well-known media group launches the Cronos chain digital token distribution plan and deepens cooperation with mainstream exchanges

2026-01-21 00:20:10

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[Crypto World] A well-known media and technology company announced that on February 2nd, it will initiate a digital token distribution plan for eligible shareholders. These tokens are issued on the Cronos blockchain and are completed through a partnership with a major exchange. It is worth noting that these tokens are not equity and cannot be transferred or exchanged for cash. Their primary purpose is to provide users with platform product-related discount rights.

This move is an important part of the company’s broader cryptocurrency integration strategy. In addition to the digital token plan, the company is also advancing the implementation of blockchain-related products such as Truth.Fi and Truth Predict. The CEO stated that the entire plan has received approval from the U.S. Securities and Exchange Commission (SEC) and complies with relevant regulatory requirements.

This action reflects traditional tech companies’ optimism about public chain ecosystems like Cronos and also demonstrates a new exploration direction for integrating crypto assets with mainstream business applications.

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ThesisInvestor

· 9h ago

Another discount token, it looks pretty useless. SEC approval is one thing, but if it can't be transferred or cashed out, who would want it? The Cronos ecosystem is gradually picking up, but this move is indeed a bit conservative. The Truth series products are the real highlight; we'll see when they become usable. Not transferable and not valuable, might as well just give discounts directly. Big companies are like this—compliance on one hand, innovation on the other, very stable. The token plan sounds awesome, but is that all it actually does? That's a bit much.

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AirdropHunterWang

· 9h ago

Cannot transfer or withdraw? Then it's just a scam coin. The discount benefits seem like a pretext to me. Once again, it's SEC review and approval. I've heard this line too many times. The Cronos ecosystem has indeed made some progress in the past two years, but I still have reservations about this type of token.

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CafeMinor

· 9h ago

It's the same old trick again, tokens that can't be transferred or withdrawn... just a discount coupon with a different disguise. Things that are truly valuable, exchanges and the SEC will let you play freely, but in the end, you're restricted everywhere. Thinking about it carefully, it's terrifying. However, Cronos blockchain is indeed attracting the attention of traditional big companies. This trend is somewhat interesting. I'm just worried it might end up being another scam to harvest retail investors. Maybe on February 2nd, we'll see if it's really the case. Discount benefits? Uh... I'm more concerned about what I can actually earn.

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