Cronos Eyes 70 Billion CRO Token Burn Reversal

Cronos, the EVM-compatible blockchain developed by Crypto.com, has proposed reissuing 70 billion previously burned CRO tokens. 

Announced on March 3, 2025, the initiative seeks to restore the total supply of CRO to its original 100 billion. This would effectively reverse a significant token burn conducted in February 2021.

Cronos Calls for Token Burn Reversal

The reissued tokens will be allocated to a Cronos Strategic Reserve escrow wallet. The move is designed to support Cronos’ and Crypto.com’s long-term roadmap.

“Making America the World Capital of Crypto will ensure the successful execution of the Cronos roadmap, hence we are proposing that the community vote on the creation of a Cronos Strategic reverse, a reversal of the February 2021 token burn, to support this ambition,” the blog read.

Cronos’ leadership frames this as a pivotal step toward a “new golden age” for the blockchain. The restored token supply is intended to bolster liquidity and provide a financial buffer for ecosystem growth.

A core focus of this strategy is institutional adoption. The roadmap aims to position CRO among the top 10 blockchain protocols, with plans to develop a CRO exchange-traded fund (ETF) to offer regulated exposure to institutional investors. Additionally, the project is working toward US regulatory approval to integrate the ETF into institutional liquidity pools.

Beyond the ETF, the Cronos Strategic Reserve will support broader initiatives. These include traditional finance (TradFi) crossover projects, primarily by seeding the CRO ETF. It will also fund artificial intelligence (AI)-related initiatives, such as grants, developer tools, and funding for decentralized applications (dApps). 

The reserve will operate under strict controls. Tokens will vest linearly over 10 years, approximately every 30.4 days, through the Cosmos SDK vesting account on the Cronos POS chain. This ensures a gradual release that aims to balance supply dynamics while funding strategic initiatives.

However, the move has raised eyebrows among the community.

“Did Cronos just become the Federal Reserve? Printing CRO out of thin air? A burn is a burn. Burnt tokens shouldn’t be brought back to life,” said one user on X.

Some investors worry that this might put downward pressure on CRO’s price.

“How in the world would this be healthy for CRO price action?” wrote another user.

Despite the concerns about potential dilution, CRO has shown strong price performance, rallying by double digits.

At press time, CRO was trading at $0.09. This marked a 15.5% increase over the past day.