Trump Media Group Plans $6.42 Billion Digital Asset Treasury Strategy
Trump Media and Technology Group’s partnership with Yorkville Acquisition Corp. and Crypto.com to launch a Cronos-focused fund marks a strategic step in its broader $6.42 billion digital asset initiative.
According to an official announcement, Trump Media and Technology Group’s stock rose 4.36% to $17.96 per share following news of a partnership with Yorkville Acquisition Corp. and Crypto.com. The collaboration focuses on launching a digital asset fund tied to Cronos (CRO). This initiative aligns with the company’s previously disclosed $6.42 billion plan to establish a digital asset treasury, reinforcing its commitment to expanding into blockchain and cryptocurrency markets.
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