{"data":{"id":3635,"name":"Cronos","symbol":"CRO","slug":"cronos","category":"coin","description":"## What is Cronos? \nCronos is an institutional-grade, high-performance, EVM-compatible Layer-1 blockchain built on the Cosmos SDK and integrated with the Inter-Blockchain Communication (IBC) protocol, designed as the backbone for open, compliant, and AI-accessible tokenized markets. It supports up to 60,000 transactions per second (TPS), 500ms block times, instant finality, and sub-$0.01 fees via Proof of Authority consensus. Cronos has processed over 150 million transactions for 1.8 million users while securing $500 million in TVL. In addition, through its partnership with Crypto.com, Cronos delivers direct access to 150M+ users, ensuring unmatched scalability and global reach.\n\n\n## Cronos's mission \nTo build the DeFi infrastructure that makes tokenized markets open, compliant, and usable by billions, as the backbone for an ecosystem where AI agents, traders, and institutions operate seamlessly, driving the transition to tokenized on-chain finance with a focus on innovation, global scalability, and regulatory trust.\n\n## About the CRO token \nThe native CRO token serves as the unifying gas token for transactions across Cronos chains, It powers transactions as gas, staking for network security and rewards via Proof of Stake, governance voting, liquidity, trading and landing via DeFi protocols. On August 26, 2025, Trump Media & Technology Group (TMTG) and Crypto.com [announced](https://mcga.com/news/trump-media-group-cro-strategy-to-acquire-cro-digital-asset-treasury?trk=public_post_comment-text) a strategic partnership to launch a new crypto treasury firm aiming to build a $6.4 billion treasury primarily holding CRO tokens, with Trump Media integrating CRO on its Truth Social and Truth+ platforms.\n\n## What can you use CRO for? \nUsers can leverage CRO for seamless DeFi interactions like lending and liquidity provision in DeFi, collateral for lending,  staking to earn yields, voting on ecosystem decisions, enhancing liquidity in pools, and funding AI agent development on-chain, all within a robust, compliant environment backed by Crypto.com's global regulatory access to over 150 million users.\n\n## Unique elements of Cronos \nKey differentiators include rapid Solidity smart contract portability from Ethereum, cross-chain asset transfers via IBC, an AI-native SDK co-developed with Crypto.com for fusing AI models with Cronos, and a $100 million ecosystem fund from Cronos Labs to incubate DeFi and GameFi projects. 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