Game-Changer? New $1B+ CRO Treasury to Hit Nasdaq

A landmark deal merges Trump Media, Yorkville, and Crypto.com to launch the first CRO-focused digital asset treasury.

August 27, 2025

In a bold and unprecedented move that blends politics, crypto, and Wall Street strategy, Yorkville Acquisition Corp., Trump Media, and Crypto.com have signed a definitive agreement to form a new company: Trump Media Group CRO Strategy.

This joint venture will create the first-ever publicly traded CRO digital asset treasury, with an aggressive plan to accumulate and hold vast quantities of Cronos’s native token, CRO. With over US$1 billion worth of CRO tokens committed upfront—roughly 19% of CRO’s total market cap—this deal marks one of the most ambitious digital asset treasury formations to date.

🔍 Inside the Deal

Yorkville Acquisition Corp., a SPAC backed by Yorkville Acquisition Sponsor LLC, will lead the charge. The new entity will be majority-owned by the founding trio: Yorkville, Trump Media, and Crypto.com.

Here's how the capital stack breaks down:

  • US$1 billion in CRO tokens (6.3B CRO)

  • US$200 million in cash

  • US$220 million in mandatory exercise warrants

  • US$5 billion equity line of credit from Yorkville affiliate YA II PN, Ltd.

This funding structure not only dwarfs the current CRO market capitalization but positions the new company as the largest digital asset treasury by market cap ratio ever established.

📈 Nasdaq Bound – Ticker: MCGA

In a nod to its political lineage, Yorkville Acquisition Corp. will trade under the new Nasdaq ticker “MCGA”—short for “Make Crypto Great Again”—prior to the merger closing. Upon finalization, the symbol and listing will transfer to Trump Media Group CRO Strategy, signaling a new era of tokenized financial strategies in public markets.

🔒 Long-Term Commitment

This isn't a quick flip. All three founding entities—Yorkville, Trump Media, and Crypto.com—have committed to a one-year lockup on their founding shares and warrants. That will be followed by a three-year staggered release schedule, reinforcing long-term conviction.

Further cementing its stake in the CRO ecosystem, the new firm will:

  • Operate a validator node on Cronos, reinvesting staking rewards.

  • Allocate almost all cash reserves to acquiring more CRO.

  • Use validator rewards to offset operational costs and expand holdings.

🗣 Leadership Speaks

“We continue to be bullish on cryptocurrency,”
said Devin Nunes, CEO of Trump Media.
“Partnering with a global leader like Crypto.com and an investor-savvy group like Yorkville positions us to capitalize on the growing digital asset economy.”

“The size and structure of this deal is unlike anything in the space,”
added Kris Marszalek, CEO of Crypto.com.
“This is more than just a treasury—it’s a strategic, locked-in, validator-powered ecosystem play.”

💭 What It Means for Fintech & Crypto

This landmark partnership is more than a headline-grabber—it’s a signal. A signal that crypto treasury strategies are moving mainstream, backed by traditional finance mechanisms like SPACs and equity credit lines.

With over US$6 billion in potential capital flowing into CRO, the Cronos ecosystem is about to face a serious supply shock and renewed market interest. Whether you’re a builder, investor, or just watching from the sidelines, this is one deal you’ll want to keep on your radar.