Trump Media Yorkville Crypto.com Launch $6.4B CRO Treasury Venture

Trump Media & Technology Group has joined forces with Crypto.com to establish what the companies claim is the largest single-token treasury in the digital asset space, focusing exclusively on the CRO token from the Cronos blockchain. The new entity, named Trump Media Group CRO Strategy, Inc., will be backed by a consortium including Yorkville Acquisition Corp., a special-purpose acquisition company (SPAC), and will hold a majority stake alongside Trump Media and Crypto.com [1].

The venture is expected to launch with $1 billion in CRO tokens, representing roughly 19% of the token’s market capitalization at the time of the announcement, along with $200 million in cash, $220 million in warrant exercises, and access to a $5 billion equity line of credit from YA II PN, Ltd., a subsidiary of Yorkville. This brings the total headline valuation to approximately $6.42 billion [1].

Yorkville Acquisition Corp. intends to list its shares on the Nasdaq under the symbol “MCGA” ahead of the business combination. Once the merger is finalized, the company will formally transition to the new entity, Trump Media Group CRO Strategy. Founding partners have committed to a one-year lock-up on their shares, with a staggered release scheduled over the following three years [1].

According to Devin Nunes, CEO of Trump Media & Technology Group, the move underscores the increasing digitization of financial markets and the strategic importance of digital asset treasuries. The new entity will focus on acquiring and managing large quantities of CRO while running a validator node on the Cronos blockchain to earn staking rewards, which will then be reinvested to grow the treasury and support network security [1].

Kris Marszalek, CEO of Crypto.com, emphasized that the scale of the planned treasury will exceed the entire market capitalization of CRO, supported by over $400 million in cash and a $5 billion credit line. This approach sets the venture apart from other digital asset treasuries by offering a more substantial liquidity backstop [1].

The partnership marks a significant step for Trump Media into the crypto space, following the public listing of its social media platform Truth Social earlier in 2025. For Crypto.com, the initiative strengthens its commitment to the CRO token and the Cronos ecosystem. Yorkville, in turn, sees the venture as a strategic opportunity to leverage its capital market expertise in a rapidly evolving sector [1].

The venture aligns with a broader trend of traditional financial institutions and corporate treasuries exploring digital assets as part of their balance sheets. While high-profile investments in Bitcoin have previously captured market attention, this initiative explores the potential of a mid-tier token to create long-term value through concentrated holdings [1].

The deal has received legal and financial support from firms including Clear Street, DLA Piper, and Skadden Arps, reflecting the increasing institutional-grade engagement with digital tokens. The structure of the partnership highlights the strategic alignment between traditional finance and blockchain-based assets, particularly in treasury management and institutional exposure [1].

Source: [1] Trump Media, Yorkville And Crypto.com Launch $6.4 Billion CRO Treasury Venture - https://financefeeds.com/trump-media-yorkville-and-crypto-com-launch-6-4-billion-cro-treasury-bet/