Truth Social

Truth

Cronos

Steve

Trump Media

<p>Trump Media &amp; Technology Group and Crypto.com are announcing plans to launch a publicly traded Cronos via a business combination with Yorkville Acquisition Corp.</p>
<p>The <a href="https://decrypt.co/350472/trump-media-crypto-com-6-billion-cronos-treasury-closer-public-debut" target="_blank" rel="noopener noreferrer nofollow">reported</a> merger will create Trump Media Group CRO Strategy, Inc., with Steve Gutterman stepping in as CEO and Sim Salzman as CFO once the deal closes in early 2026.</p>
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  <span>Summary</span>
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   <li>Trump Media and Crypto.com plan to launch a publicly traded Cronos via a merger with Yorkville Acquisition, creating a treasury exceeding $6 billion.</li>
   <li>Despite CRO’s price decline, the firms aim for long-term growth, staking rewards, and integration into Truth Social and Truth+ programs.</li>
   <li>Allegations in a recent report suggest Trump-branded crypto ventures benefited politically connected investors, sparking questions about regulatory favoritism.</li>
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<p>The proposed treasury is nothing if not ambitious:</p>
<ul>
 <li>Over $6 billion in assets, including 6.3 billion CRO tokens</li>
 <li>$200 million in cash</li>
 <li>$220 million in warrants, and</li>
 <li>A $5 billion equity line of credit.</li>
</ul>
<p>The announcement comes amid the recent tumble in CRO’s price, which shaved the token’s market cap from roughly $1 billion at announcement to about $636 million. Year to date, CRO is down over 47%. See below.</p>
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 <img loading="lazy" width="1024" height="747" src="https://media.crypto.news/2025/12/chart208.webp" alt="Trump Media and Crypto.com bet big on Cronos, once again mixing politics and crypto - 13">
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  Source: <a href="https://www.coingecko.com/en/coins/cronos" target="_blank" rel="noopener noreferrer nofollow">CoinGecko</a>
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<p>Despite the dip, the firms are framing this as a long-term bet on Cronos growth. Plans include running a Cronos validator node targeting about 6% APY, producing steady staking rewards, and Trump Media pledging to buy $105 million in CRO while integrating the token into Truth Social and Truth+ reward programs. According to a joint statement reported by Decrypt, CRO will be “the backbone of a growing blockchain ecosystem,” powering both utility (transactions, fees, governance) and yield generation (staking rewards).</p>
<p>This latest move continues the Trump family’s foray into crypto. A <a href="https://crypto.news/trump-turned-white-house-into-a-crypto-atm-raskin/" rel="noopener noreferrer nofollow">recent 78-page report</a> titled <em>“Trump, Crypto, and a New Age of Corruption”</em> alleges that foreign governments, state-linked investors, and politically aligned corporations funneled money into Trump-branded crypto ventures, including the $TRUMP memecoin. In return, donors allegedly benefited from regulatory rollbacks and quietly shelved federal investigations into major crypto firms like Crypto.com, as well as Coinbase, Gemini and Ripple.</p>
<p>Read more: <a href="https://crypto.news/schiff-saylor-bitcoin-strategy-business-model-fraud/" rel="noopener noreferrer nofollow"> Schiff takes aim at Saylor, declares Bitcoin dead — Wall Street laughs all the way to the ETF </a></p>

Trump Media and Crypto.com bet big on Cronos, once again mixing politics and crypto

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