Cronos Soars 42% After Trump Media Unveils New Treasury Strategy

The cryptocurrency Cronos (CRO) experienced a significant surge of over 42%, reaching new heights, following the announcement by Trump Media and Technology Group of a strategic partnership. This venture joins forces with Crypto.com and Yorkville Acquisition to form a CRO-focused treasury entity valued at $6.42 billion. The strategy outlines ambitious plans for a public listing on Nasdaq (MCGA) and a validator node network expansion, bolstering Cronos holdings through governance and staking rewards.