Trump Media and Technology Group (DJT) declared that he had agreed to form a joint venture with Crypto.com which would invest in the CRO token of the Stock Exchange as a Treasury Act and will become public by combining with a special acquisition vehicle (SPAC).
As part of the Agreement, Trump Media will buy around $ 105 million in CRO, around 2% of the Total Total Country Capitalization, while Crypto.com will buy $ 50 million in Trump media shares. CRO jumped after the announcement, gaining 24 hours to 25%, according to Coindesk data. It was recently 22% higher at 19.60 cents. DJT shares increased by $ 3.5% to $ 17.82.
The company will be called Trump Media Group Cro Strategy Inc. and plans to merge with Yorkville Acquisition Corp (York). It will be negotiated under the mcga Ticker, which means “Making Cro Great Again”, said CEO of Crypto.com, Kris Marszalek
This decision comes as companies listed on the stock market around the world jump into the crypto, buying assets, especially Bitcoin and ether (Eth) As a main investment and restying as cryptographic cash companies, even if their daily operations are still based on industries as varied as such as pharmaceuticals, software development and online casino games.
The trend was launched in 2020 by strategy (MSTR)which now holds $ 69 billion in BTC. According to BitcoinTareries.net, more than 3.6 million BTCs worth $ 396 billion is held in the treasures of 174 public companies and 60 private companies.
Several companies also buy altcoins, billions of dollars spent acquiring tokens like Solana and ETHER ETH).
Marszalek described the initiative as “a historic day for CRO”, highlighting to a first 200 million dollars in cash allocated to other token purchases, as well as additional commitments that could bring total available funds to around $ 420 million, in parallel with a credit line of $ 5 billion.
“This presents a differentiated opportunity for investors in the cash area of digital assets,” he said, adding that the mission of the CRO strategy of the Trump media group is to maximize what he called a “steering wheel”, which involves raising funds to acquire more CRO.
The agreement includes the creation of a new reward system that will allow users to convert the “gems” of platform to chips CRO, with other plans to allow subscription payments and reduced prices services using CRO.
Trump Media said he was relaxing and will put his participations in Cro with Crypto.com for additional income.
– a historic day for $ CRO. Trump Media Group Cro’s strategy announced an American cash game of $ 6.42 billion. See the press release for more information on the combination of companies offered and important information on $ York,, $ Yorkw And $ Yorku. Here is what you need to know:
– a final … pic.twitter.com/kgmc1gevhn– Kris | Crypto.com (@Kris) August 26, 2025
Despite a broader sale on the market during last week, CRO has performed well to the publication of the news, going from 16 cents of 14 cents. The negotiation volume has increased by 700% in the last 24 hours to 310 million dollars, according to CoinmarketCap.
UPDATE (August 26, 2:10 pm UTC):: Adds a joint venture company in the first paragraph, a context on cryptographic cash companies from the fourth and the action of the CRO prize leading to the announcement.
UPDATE (August 26, 3:45 pm UTC):: Modifies the lead photo.
