Overview

• The parties signed a definitive agreement to combine with Yorkville Acquisition Corp., with the new company intended to list on Nasdaq under the ticker MCGA pending regulatory approvals.
• Initial backing includes $1 billion in CRO, $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 treasury is expected to hold about 6.3 billion CRO, roughly 19% of the token’s supply, positioning it as the largest holder of CRO.
• Trump Media will purchase approximately $105 million of CRO for platform integration, and Crypto.com will buy $50 million of Trump Media stock, with founding partners committing to a one‑year lockup followed by a multi‑year release schedule.
• The plan features staking and validator operations to earn rewards and reinvest in CRO, and the announcement drove a roughly 20%–30% jump in CRO’s price with a surge in trading volume.