- The proposal of cronos to “reactivate” 70 billion burned cro tokens was accepted with 62.18 % approval and aims to create a strategic reserve for growth.
- Crypto.com is expanding in Europe with a mica license and is planning an ETF for CRO, while user-friendliness is improved by a Layer-2 recovery function.
The owners of cro-token have a controversial proposal agreed: The recovery of 70 billion cro tokens, which were originally burned in 2021. The crypto community reacted differently to the decision, depending on 62.18 % support.
On the one hand, the measure is praised as a means of improving the position of CRO on the market and thus to promote further acceptance. On the other hand, many are skeptical about the openness and the long -term effects of the measure.
JUST IN: CRONOS’ PROPOSAL TO RECOVER 70B $CRO TOKENS HAS PASSED WITH 62.18% APPROVAL
— BSCN Headlines (@BSCNheadlines) March 18, 2025
On the way to a strategic cronos reserve
The recovery of the 70 billion tokens aims to set up a “cronos strategic reserve”, a kind of strategic reserve that is to be used for various projects for the development of the ecosystem. The Cronos team argues that this is a way to ensure sustainable growth and to win over more users and developers for their network.
Nevertheless, the voting procedure has proven to be split. On the day before the end of the vote, the supporters and opponents of the proposal were practically balanced. Then suddenly another 3.35 billion Cro suddenly arrived in the supporters camp to ensure the necessary quorum to adopt the plan.
Some in the community believe that the additional voices come from a large validator operated by Crypto.com and is said to be responsible for 70-80% of the Cronos network’s coordination capacity.
Opportunity or setback? The debate about cro recovery
Some see new opportunities for the cronos ecosystem in the token recovery. Cronos can be more adaptable and carry out various adoption campaigns and incentives for new users with a larger strategic reserve. Nevertheless, there are doubts. The recovery of burned tokens could be seen as a step back from the deflationary ideas that use many crypto projects to increase the value of their tokens.
A crypto market analyst even compared the campaign with a restaurant that guaranteed a lifelong discount just to withdraw the advertising campaign when the company began to expand:
“It’s not just about the token, it’s about trust.”
Crypto.com and its enormous expansion
Although there are debates, Crypto.com continues to grow. The stock exchange was licensed in January 2025 as part of the Maltese Mica regulation (Markets in Crypto-Assets) and thus paved the way for further growth in the EU market. The measure underlines how attractive a clear regulation for crypto exchanges is that try to grow internationally.
Cronos has just added a function to its Layer 2 network with which Ethereum users can withdraw simple money from prepaid cards, as CNF reports. Cooperation with Crypto.com aims to simplify the conversion of crypto assets in Fiat without the usually existing friction with traditional methods.
Cro-ETF plans: What is to be expected?
In addition, Crypto.com has indicated that a cro-ETF should be launched by the fourth quarter of 2025. Although certain details of the ETF-including pricing, sponsorship, listing and fees-are still secret, many see the step as a long-term strategy to increase the commitment and attractiveness of cro token for institutional investors.
Despite some developments, the cro token still does badly. It has fallen by 7.18 % in the last 24 hours and has consolidated in the last 7 days.
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