Trump Media Group Launches $6.42B CRO Treasury Strategy

Trump Media, Crypto. com, and Yorkville Acquisition ￰1￱ unveiled a $6.42 billion digital asset treasury ￰2￱ move establishes the first publicly traded CRO-focused entity. Today, Trump Media & Technology Group, Crypto. com, and Yorkville Acquisition ￰3￱ plans to launch Trump Media Group CRO Strategy, ￰4￱ new company will serve as a dedicated treasury vehicle for Cronos (CRO), the native token of Crypto.

com’s ￰5￱ partnership marks the first time CRO will be the centerpiece of a publicly traded ￰6￱ new entity will be majority-owned by Yorkville, Trump Media, and ￰7￱ a result, these stakeholders will have direct influence over its direction and growth. Yorkville, a special purpose acquisition company (SPAC), will bring the business ￰8￱ achieve this, it plans to list its Class A ordinary shares on Nasdaq under the symbol MCGA, short for Make CRO Great ￰9￱ symbol change is expected to take place before the merger is ￰10￱ the business combination closes, the new ticker will then transfer to Trump Media Group CRO ￰11￱ has said it will provide a separate announcement once the exact timing of the symbol change is ￰12￱ Breakdown: Cash, CRO, and CreditThe company’s funding package totals an impressive $6.42 billion, making it one of the largest dedicated crypto treasuries ever ￰13￱ structure of the deal comprises several components, including $1 billion in CRO tokens, which is equivalent to approximately 6.3 billion ￰14￱ amount represents roughly 19% of CRO’s market ￰15￱ also contains $200 million in cash reserves and $220 million in ￰16￱ addition, Yorkville affiliate YA II PN, ￰17￱ provide the company with access to a $5 billion equity line of credit.

Separately, Trump Media & Technology acquired $105 million of CRO tokens, while ￰18￱ purchased $50 million of Trump Media stock (DJT). Combined, these transactions push Trump Media Group’s total CRO holdings close to 7 billion ￰19￱ accumulation establishes Trump Media Group CRO Strategy as the largest CRO-focused treasury company in existence, giving it unprecedented influence over the Cronos ￰20￱ the announcement, Cronos (CRO) token surged 41% to $0.2037, pushing its market value to $6.87 billion and ranking it as the 23rd largest cryptocurrency ￰21￱ Social Adopts CRO as Platform TokenAs part of this broad strategic partnership, Truth Social will adopt CRO as its official platform ￰22￱ step signals Trump Media’s deeper commitment to blockchain integration and future monetization through digital ￰23￱ Media CEO Devin Nunes described the project as a “bold step forward,” highlighting the company’s long-term commitment to cryptocurrency in the digital ￰24￱ CEO Kris Marszalek described the scale of the venture as “unmatched in the industry,” adding that the CRO acquired will be held forever as a cornerstone ￰25￱ also compared the size of the deal to Ethereum, noting that for an ETH-focused treasury to achieve similar buying power, it would need to acquire “hundreds of billions” in tokens.￰0￱ Node and Staking StrategyBeyond accumulation, Trump Media Group CRO Strategy aims to foster active engagement with the Cronos ￰26￱ company will operate a validator node, contributing to the network’s security and ￰27￱ running its own validator, the company can directly validate transactions, secure the chain, and strengthen community ￰28￱ the same time, it will reinvest staking rewards back into the treasury, compounding holdings over ￰29￱ approach not only cements the group’s role as a CRO whale but also integrates it as an active contributor to the blockchain’s growth and sustainability.

Lock-Up Period Shows Long-Term FocusTo ensure stability and demonstrate commitment, the founding stakeholders, Trump Media, Crypto. com, and Yorkville, have agreed to a strict lock-up ￰30￱ founding shares and warrants will remain locked for one year, followed by a gradual release over the next three ￰31￱ restrictions are often used in high-profile deals to prevent early sell-offs and to align incentives for long-term value ￰32￱ structure suggests that the backers view the CRO treasury as a multi-year project, rather than a short-term ￰33￱ and Legal GuidanceA strong advisory and legal team supports the business ￰34￱ Street is acting as the exclusive capital markets advisor, while DLA Piper LLP and Skadden, Arps, Slate, Meagher & Flom LLP are handling legal matters.