Trump Media Group has partnered with Yorkville Acquisition Corp. to create a new entity focused on acquiring and holding Cronos’s CRO token. The company, Trump Media Group CRO Strategy, will be capitalized with $6.42 billion. Founding partners include Yorkville, Trump Media, and Crypto.com. The goal is to stake CRO assets for recurring revenue and integrate CRO into Trump Media’s platforms. Trump Media has also purchased $105 million worth of CRO. The partnership signals a bullish outlook on cryptocurrency and the future of digital asset treasuries.

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