Trump Media and Crypto.com's $6 Billion Cronos Treasury Inches Closer to Public Debut
Yahoo Finance·2025-12-02 00:53
Trump Media and Technology Group and Crypto.com are one step closer to a business combination that will mark them as affiliates in a publicly traded Cronos (CRO) treasury—one that has ambitions of holding over $6 billion worth of the cryptocurrency. Yorkville Acquisition Corp., now trading on the Nasdaq as MCGA, confidentially filed an S-4 with the SEC to establish Trump Media Group CRO Strategy, Inc. via a business combination, it announced on Monday. The firm also appointed two key executives, Steve Gutt ...