Trump Media Group & Crypto.com: New Partnership & Treasury
Update: 2025-12-01
Description
Trump Media Group and Crypto.com inch closer to a partnership, aiming to hold over six billion dollars worth of Cronos (CRO). Yorkville Acquisition Corporation, now trading as MCGA, filed paperwork with the SEC, appointing Steve Gutterman as CEO and Sim Salzman as CFO. The treasury, initially valued at one billion dollars, is now worth around six hundred thirty-six million dollars due to CROs recent decline. The plan includes establishing a Cronos validator node to earn staking rewards, with partners believing CRO offers a unique opportunity in the blockchain ecosystem.
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