Trump Media & Technology Group has reached an agreement with Crypto.com and blank-check vehicle Yorkville Acquisition Corp. to establish a crypto treasury company focused on buying and holding CRO, the native token of the Cronos blockchain.

Details of the arrangement were disclosed Tuesday in a filing with the US Securities and Exchange Commission.

Under the deal, Crypto.com will transfer 684.4 million CRO tokens, valued at about $105 million, to Trump Media in exchange for 2.8 million of its shares and $50 million in cash, according to the filing.

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🚨 Breaking News:

Today is a historic day for $CRO

Trump Media Group CRO Strategy has announced $6.4B in funds to build America’s Cronos Treasury.

At closing, Trump Media Group CRO Strategy is expected to be the world’s largest holder of CRO.

Read the press release for more

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6:18 pm · 26 Aug 2025

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