Trump Media Group has announced a strategic partnership with Crypto.com and Yorkville Acquisition to create a digital asset treasury company called Trump Media Group CRO Strategy. This initiative, backed by a $6.42 billion funding package, will be primarily supported by $1 billion in CRO tokens, along with $420 million in cash and warrants, and a $5 billion credit line from Yorkville. The objective of this new entity is to acquire Cronos, the native cryptocurrency of the Cronos blockchain developed by Crypto.com. With this arrangement, Trump Media aims to establish the largest publicly traded CRO treasury company in history. Furthermore, the founding members have agreed to a one-year lock-up period for their shares, followed by a three-year restrictive release schedule, aiming to solidify the long-term commitment of partners involved.

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