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News/Trump Media Plans $6.42B CRO Strategy in Deal With Crypto.com

Trump Media Plans $6.42B CRO Strategy in Deal With Crypto.com

Van Thanh Le

Aug 26 2025

8 hours ago2 minutes read
Robot walks pastel bridge of cubes, extending coin market cap

New Treasury Entity to Focus on Building the Largest CRO Holdings

Trump Media and Technology Group, owner of former U.S. President Donald Trump’s Truth Social, has unveiled a $6.42 billion plan with Crypto.com and Yorkville Acquisition to create Trump Media Group CRO Strategy. The joint venture, backed by a business combination with Yorkville’s SPAC, will focus on acquiring and managing large-scale holdings of Cronos’ native cryptocurrency, CRO. The entity will be majority-owned by Trump Media, Crypto.com, and Yorkville, and is structured as a digital asset treasury company.

Funding for the venture includes $1 billion in CRO tokens, $420 million in cash and warrants, and a $5 billion credit line from a Yorkville affiliate. The partners claim this capital structure positions the firm as the first and largest publicly traded CRO treasury company and potentially the largest digital asset treasury-to-coin market cap ratio ever recorded. Yorkville will apply for its Class A ordinary shares to trade on Nasdaq under the symbol MCGA as part of the transaction.

Trump Media Group CRO Strategy intends to allocate most of its cash reserves toward acquiring CRO, emphasizing yield-generating assets over traditional non-productive holdings. The plan includes operating a validator node within the Cronos proof-of-stake blockchain, enabling participation in network governance while generating staking rewards. Those rewards will be reinvested to compound CRO holdings and offset costs. The validator will be maintained by a crypto-native team familiar with the Cronos ecosystem, with the aim of maximizing rewards and attracting additional CRO delegations from third-party holders.

Cronos, developed by Crypto.com, launched its mainnet beta in late 2021 as the successor to the original Crypto.com Coin. It was designed to underpin decentralized finance, NFTs, and metaverse projects while emphasizing interoperability. The blockchain has since become central to Trump Media’s expanding ties with Crypto.com, which participated in the White House Crypto Summit earlier this year as one of just 20 invited firms. The companies have also signed a non-binding agreement to explore launching U.S.-based exchange-traded funds focused on digital assets and “Made in America” securities.

Despite the ambitious treasury plan, Crypto.com continues to face scrutiny. The exchange has drawn criticism for scrapping a planned 70 billion CRO token burn and has been accused of holding up to 80% of CRO’s total voting power. Prominent blockchain investigator ZachXBT has called CRO “no different from a scam,” alleging manipulation of supply and warning about an undisclosed incident the company reportedly covered up. Still, Trump Media Group CRO Strategy is positioning itself to become the largest CRO-focused treasury, setting a precedent for digital asset holdings by a publicly traded company, while adding a new layer of political and corporate weight to the ongoing debate about Cronos’ governance and long-term viability.

This development adds another milestone to the crypto price index as investors assess how Trump Media’s pivot into CRO exposure could affect overall crypto price dynamics and the broader coin market cap landscape.

This article has been refined and enhanced by ChatGPT.

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