Cronos

Cronos is a high-performance, institutional-grade Layer-1 blockchain that is compatible with the Ethereum Virtual Machine (EVM). Constructed using the Cosmos SDK and linked to the Inter-Blockchain Communication (IBC) protocol, it aims to serve as the foundation for tokenized markets that are open, compliant, and accessible to AI. The network utilizes Proof of Authority consensus to achieve up to 60,000 transactions per second (TPS), block times of 500ms, instant finality, and fees below $0.01. To date, Cronos has handled more than 150 million transactions for 1.8 million users and holds $500 million in Total Value Locked (TVL). Furthermore, its collaboration with Crypto.com provides direct entry to over 150M users, supporting significant scalability and worldwide presence.

CRO functions as the native gas token for transactions on Cronos chains and supports network security through Proof of Stake staking, which also provides rewards. Holders can use it for governance voting, enhancing pool liquidity, and engaging in DeFi activities such as lending, providing liquidity, and using collateral. The token also facilitates trading and funds on-chain AI agent development. These operations occur within a compliant framework supported by Crypto.com’s regulatory access to over 150 million users.

On August 26, 2025, Trump Media & Technology Group (TMTG) and Crypto.com revealed a strategic partnership to create a new crypto treasury firm. This entity aims to build a $6.4 billion treasury focused mainly on holding CRO tokens, while TMTG plans to integrate CRO into its Truth Social and Truth+ platforms.

Cronos distinguishes itself with rapid Solidity smart contract portability from Ethereum, cross-chain transfers via IBC, and an AI-native SDK developed with Crypto.com to merge AI models with the chain. Cronos Labs has allocated a $100 million ecosystem fund to incubate DeFi and GameFi projects. The network uses a unique Proof of Authority (PoA) consensus to achieve instant finality, balancing decentralization with scalability to position itself as a leading high-throughput blockchain. Its mission is to establish open, compliant DeFi infrastructure for billions, serving as the backbone for AI agents, traders, and institutions in tokenized on-chain finance.