AsianFin -- Trump Media & Technology Group saw its stock rise 5% Tuesday after finalizing a $6.42 billion deal with crypto exchange Crypto.com to create a digital asset treasury company.

The new entity, Trump Media Group CRO Strategy, will initially be funded with $1 billion in CRO, the native token of Cronos, Crypto.com’s blockchain platform. The remaining capital will primarily serve as an equity line of credit for additional CRO purchases.

Under the agreement, the treasury company will operate a validator node on the Cronos blockchain. Validators stake tokens to secure the blockchain and earn transaction fees in return. Trump Media Group CRO Strategy plans to delegate all of its CRO holdings to the validator, generating staking rewards from the network.