Trump Media, Yorkville, and Crypto.com Pool $6.4 Billion in CRO for Largest Digital Asset Treasury

A new venture combining Trump Media & Technology Group, Yorkville Acquisition Corp., and Crypto.com has launched a massive $6.4 billion digital asset treasury centered around Cronos’s native token, CRO. The project, unveiled Tuesday, combines Yorkville’s blank-check firm with a newly formed vehicle, CRO Strategy Inc., owned by Yorkville, Trump Media, and Crypto.com. 19% of the CRO’s market capitalization will be held in CRO tokens, alongside $200 million in cash and another $5 billion line of credit from Yorkville affiliate YA II PN.