Trump Media Just Backed a $6.4B Crypto Play with Crypto.com – Here’s Why it Matters

Trump Media and ￰0￱ have joined forces with Yorkville Acquisition ￰1￱ launch a new $6.42 billion digital asset treasury company, focused entirely on Cronos (CRO). – A historic day for $CRO. Trump Media Group CRO Strategy announced a $6.42b ￰2￱ treasury ￰3￱ the press release for more info on the proposed Business Combination and important info about $YORK , $YORKW and $YORKU . Here’s what you need to know: – A definitive… ￰4￱ — Kris | ￰5￱ (@kris) August 26, 2025 The deal positions Trump Media Group CRO Strategy, ￰6￱ the first publicly traded CRO treasury vehicle and potentially the largest of its kind in history. A Landmark Business Combination Trump Media and ￰7￱ today announced they have entered into a definitive agreement for a business combination with Yorkville Acquisition Corp., a special purpose acquisition company (SPAC).

The new entity, Trump Media Group CRO Strategy, Inc., will be majority-owned by Yorkville, Trump Media, and ￰8￱ digital asset treasury will be funded through $1 billion worth of CRO tokens (6.3 billion CRO, representing ~19% of CRO’s total market cap), along with $200 million in cash, $220 million in warrants, and a $5 billion equity line of credit from Yorkville affiliate YA II PN, ￰9￱ arrangement would make Trump Media Group CRO Strategy the largest publicly traded CRO-focused treasury company in ￰10￱ Acquisition ￰11￱ to list its Class A ordinary shares on Nasdaq under the ticker symbol “MCGA”, with the new name transferring after the transaction closes.

Cronos: The Blockchain Backbone At the heart of this move is Cronos (CRO), the native token of Crypto. com’s interoperable blockchain ￰12￱ is designed for speed, scalability, and seamless cross-chain connectivity, supporting DeFi protocols, multi-asset marketplaces, and real-world asset ￰13￱ establishing a CRO treasury, Trump Media Group CRO Strategy said it aims to tap into Cronos’s expanding ecosystem, where staking, governance, and institutional integration make the blockchain a strong candidate for powering next-generation financial infrastructure. Lock-Ups Show Long-Term Commitment To demonstrate commitment, Trump Media, Crypto. com, and Yorkville have agreed to a one-year lock-up period for their founding shareholdings and warrants, followed by a three-year release schedule.

“We continue to be bullish on cryptocurrency, and we are excited to be partnering with ￰14￱ and Yorkville for this strategic initiative,” said Devin Nunes, Chairman and CEO of Trump Media & Technology Group. “This project encompasses more than CRO’s entire current market cap, plus over $400 million in cash and a $5 billion facility to acquire more CRO,” adds Kris Marszalek CEO of ￰15￱ Treasury and Validator Strategy The new entity will adopt a forward-looking CRO accumulation and staking ￰16￱ running a validator node on the Cronos blockchain, Trump Media Group CRO Strategy plans to directly support the network’s security and governance while reinvesting staking rewards to grow holdings over ￰17￱ validator strategy positions the company not only as a CRO whale but also as an active ecosystem participant, reinforcing its role in the Cronos blockchain’s ￰18￱ Street is acting as exclusive capital markets advisor, with DLA Piper LLP and Skadden, Arps, Slate, Meagher & Flom LLP providing legal counsel.