Overview

• The parties signed a definitive agreement to create Trump Media Group CRO Strategy via a merger with Yorkville Acquisition Corp., targeting a Nasdaq listing under the ticker MCGA pending regulatory approvals.
• Initial funding includes $1 billion in CRO (about 6.3 billion tokens), $200 million in cash, $220 million in warrants, and access to a $5 billion equity line of credit from a Yorkville affiliate.
• At launch the vehicle is expected to control roughly 19% of CRO’s circulating supply, making it the largest publicly traded CRO treasury.
• Trump Media will buy about $105 million of CRO while Crypto.com will purchase $50 million of Trump Media common stock, with a one‑year lockup followed by a multi‑year release schedule.
• The strategy calls for validator and staking operations plus CRO-based rewards and wallet integration on Truth Social and Truth+, and the announcement drove a roughly 20%–30% surge in CRO’s price.