Trump Media and Know-how Group has introduced a $6.42 billion cope with Crypto.com to create a publicly traded crypto treasury agency through a SPAC merger. The companions will give attention to accumulating CRO – Crypto.com’s native token. However what is a SPAC Merger? Particular goal acquisition corporations (SPACs) are fashioned to boost capital by an IPO, which might then be used to amass or merge with one other firm.
As TMTG introduced on 26 August 2025, “Trump Media Group CRO Technique will use its funding to ascertain a digital asset treasury of CRO, the native token of the Cronos blockchain ecosystem.”
Apparently, again in Might 2025, Trump Media introduced a $2.5 billion cope with Crypto.com for its Bitcoin treasury. TMTG’s newest $6.42 billion announcement additionally follows Michael Saylor’s Technique playbook that started accumulating Bitcoin in 2020.
Commenting on the partnership, TMTG Chairman and CEO Devin Nunes mentioned, “Monetary markets have gotten more and more digital on daily basis, and firms of all sizes and sectors are strategically planning for the long run by establishing digital asset treasuries anchored by belongings which have created a complete worth proposition and are poised for even higher utility.”
Breaking Information:
At this time is a historic day for $CRO
Trump Media Group CRO Technique has introduced $6.4B in funds to construct America’s Cronos Treasury.
At closing, Trump Media Group CRO Technique is anticipated to be the world’s largest holder of CRO.
Learn the press launch for extra… pic.twitter.com/QQrSZLlKu4
— Crypto.com (@cryptocom) August 26, 2025
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Largest Publicly Traded CRO Treasury Firm? Largest Digital Asset Treasury Firm To Market Cap Ratio In Historical past?
Anticipated funding for TMTG-Crypto.com’s digital asset treasury will include $1 billion in CRO, $200 million in money, and $220 million in cash-in obligatory train warrants, with an extra $5 billion fairness line of credit score from an affiliate of Yorkville. TMTG mentioned this may “make it the primary and largest publicly traded CRO treasury firm in addition to the most important digital asset treasury firm to market cap ratio in historical past.”
Nunes mentioned, “We proceed to be bullish on cryptocurrency, and we’re excited to be partnering with a number one international cryptocurrency platform and namesake of its business in Crypto.com and one of the vital refined investor teams in Yorkville for this strategic initiative.”
Moreover, TMTG insisted that it’s specializing in yield-generating and ecosystem-aligned belongings fairly than conventional non-productive holdings. The corporate mentioned that it’s CRO technique goals to boost capital effectivity.
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“The sheer measurement and construction of this undertaking will embody greater than the complete present market capitalization of CRO”
$CRO up 40% on $1b+ 24h buying and selling quantity, following the historic announcement of $6.4b treasury play by Trump Media Group CRO Technique. $DJT up greater than 5% on the information.
Worth of CRO held underneath Trump Media Group umbrella now at over $1.5 billion.
— Kris | Crypto.com (@kris) August 27, 2025
CRO rallied because it registered intraday good points within the 20-30%. Moreover, Tump Media inventory (DJT) ticked increased. Nevertheless, Yorkville dipped modestly.
Crypto.com Co-Founder and CEO Kris Marszalek mentioned, “The sheer measurement and construction of this undertaking will embody greater than the complete present market capitalization of CRO, with the extra commitments of over $400 million in money and an extra $5 billion line of credit score facility to amass further CRO.”
“This, mixed with share lock-ups by every social gathering and the treasury’s validator technique, make it a singular and compelling providing in comparison with all different digital asset treasuries,” Marszalek added.
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Key Takeaways
TMTG and Crypto.com’s SPAC-backed CRO treasury firm is a high-profile wager on single-token accumulation technique.
Following the announcement, CRO spiked sharply intraday. Stories cited jumps above 20% and close to 30%.
The publish Trump Media And Crypto.com Companion To Launch $6.42B ‘Saylor-Fashion’ Crypto Treasury appeared first on 99Bitcoins.
