According to CoinMeta, the co-founder of Crypto.com and CEO Kris Marszalek stated that after a comprehensive evaluation of the proposed ETF and digital asset treasury (DAT) plans, the team believes it is not reasonable to proceed under current market conditions. Crypto.com will continue to seek other ETF opportunities. For the CRO that was originally planned to be invested in DAT, they will look for more appropriate resource allocation methods to drive revenue, increase CRO demand, and enhance the value of the ecosystem.