Trump Media and Crypto.com Join Forces to Introduce $6.42B ‘Saylor-Style’ Crypto asset Treasury

Trump Media and Technology Group has revealed a $6.42 billion arrangement with Crypto.com to establish a publicly traded crypto treasury firm through a SPAC merger. The collaborators will aim to collect CRO – the native token of Crypto.com. However, what exactly is a SPAC Merger? Special purpose acquisition companies (SPACs) are entities created to generate capital via an IPO, which can subsequently be used to merge with or acquire another business.

As TMTG stated on 26 August 2025, “Trump Media Group CRO Strategy will utilize its funding to set up a digital asset treasury of CRO, the a native token in the Cronos blockchain ecosystem.”

Interestingly, back in May 2025, Trump Media declared a $2.5 billion agreement with Crypto.com for its Bitcoin treasury. TMTG’s recent $6.42 billion update also follows Michael Saylor’s strategic approach that began amassing BTC in 2020.

Commenting on the strategic alliance, TMTG Chairman and CEO Devin Nunes remarked, “Financial markets are progressively becoming more digital every day, and businesses of all scales and industries are thoughtfully preparing for the future by establishing digital asset treasuries supported by assets that provide a comprehensive value proposition and are set for even greater utility.”

Breaking News:

Today marks a momentous occasion for $CRO

Trump Media Group CRO Strategy has unveiled $6.4B in funds to develop America’s Cronos Treasury.

Upon completion, Trump Media Group CRO Strategy is anticipated to become the largest holder of CRO globally.

Read the press release for further details… pic.twitter.com/QQrSZLlKu4

— Crypto.com (@cryptocom) August 26, 2025

EXPLORE: Cronos Crypto: Trump Media Is Utilizing Crypto.com

Largest Publicly Traded CRO Treasury Company? Largest Digital Asset Treasury Company To Market Cap Ratio In History?

The anticipated funding for TMTG-Crypto.com’s digital asset treasury will comprise $1 billion in CRO, $200 million in cash, and $220 million in cash-in mandatory exercise warrants, along with an additional $5 billion equity line of credit from an affiliate of Yorkville. TMTG stated this will “establish it as the first and largest publicly traded CRO treasury company in addition to the largest digital asset treasury company to crypto market cap ratio in history.”

Nunes expressed, “We maintain a positive outlook on crypto asset, and we are thrilled to partner with a leading global crypto asset platform and namesake of its industry in Crypto.com as well as one of the most sophisticated crypto holder groups in Yorkville for this strategic venture.”

Moreover, TMTG emphasized that it is aiming at yield-generating and ecosystem-aligned assets instead of conventional non-productive holdings. The company indicated that its CRO strategy seeks to improve capital efficiency.

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“The enormous size and design of this initiative will encompass more than the entire current trading market capitalization of CRO”

$CRO surged 40% on over $1b in 24-hour trading volume, following the landmark news regarding a $6.4b treasury initiative by Trump Media Group CRO Strategy. $DJT rose by more than 5% on this announcement.

The value of CRO held under the Trump Media Group umbrella now exceeds $1.5 billion.

— Kris | Crypto.com (@kris) August 27, 2025

CRO experienced a rally as it achieved intraday gains between 20-30%. Additionally, Trump Media stock (DJT) saw a climb. However, Yorkville saw a slight decline.

Crypto.com Co-Founder and CEO Kris Marszalek stated, “The vast size and structure of this project will exceed the entire current trading market capitalization of CRO, alongside extra commitments of over $400 million in cash and an additional $5 billion line of credit facility to procure more CRO.”

“This, along with share lock-ups by each party and the treasury’s node strategy, renders it a distinct and attractive offering compared to all other digital asset treasuries,” Marszalek added.

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