Cytokinins are highly conserved plant hormones with a long evolutionary history that regulate various aspects of plant growth and development. The genetic background of the mechanisms involved in the regulation of plants' cytokinin status has recently been elucidated. Studies on transgenic plants with altered cytokinin biosynthesis, metabolism, degradation, or signaling revealed interesting consequences of cytokinin deficiency or disruption of cytokinin perception that can be applied in plant biotechnology and agriculture. Cytokinin levels and the sensing thereof can be manipulated using transgenic approaches and by treating plants with novel exogenous compounds in order to promote root system development, biomass formation, yield-forming traits, nutrient uptake, and tolerance of biotic and abiotic stresses. This chapter provides an overview of recent findings concerning the molecular basis and genetic background of cytokinin signaling and metabolism and the ways in which they can be manipulated to tailor plants' traits to meet specific requirements.