Trump Media partners with CRO to launch a $6.4 billion Token plan, with equity credit limits becoming key.

Trump Media Technology Group, under U.S. President Trump, has teamed up with the team behind CRO and the special purpose acquisition company Yorkville Acquisition Corp. to announce the establishment of a financial management company focused on digital assets, planning to issue a total value of up to 6.4 billion dollars worth of the Cronos blockchain native token CRO. After the announcement, the CRO token surged over 25% within 24 hours, reaching 0.20 dollars, and market sentiment quickly heated up.

6.4 billion dollar plan: Equity credit quota takes the bulk

According to the final agreement signed by the three parties, the newly established "Trump Media Group CRO Strategy" will hold and manage $1 billion worth of CRO tokens (approximately 6.3 billion tokens, accounting for about 19% of the total supply), $200 million in cash, $220 million in warrants, and a $5 billion equity credit facility from Yorkville affiliate YA II PN Ltd.

Although the official total transaction amount is 6.4 billion USD, in reality, most of the funding depends on the scale of future withdrawals from credit lines. There is limited information about the background of YA II PN Ltd, but the funding commitments it provides have become a core pillar of the plan.

Upon completion of the acquisition, the company will become the largest financial management institution focused on CRO to date, with Trump Media, the team behind CRO, and Yorkville serving as founding shareholders.

CRO token price surges, market cap impact draws attention

After the announcement of the cooperation, the price of CRO Token rose more than 25% in a single day, reaching 0.20 dollars, becoming one of the best-performing mainstream tokens of the day.

Kris Marszalek, the CEO of the team behind CRO, stated that the scale and structure of this project will surpass the current total market value of CRO, and plans to operate validator nodes on the Cronos network, reinvesting staking rewards to increase long-term holdings.

Market analysts pointed out that this transaction could not only change the circulation structure of CRO, but also have a profound impact on the ecological expansion of the Cronos Blockchain.

Platform Integration and Application Scenario Expansion

In addition to the SPAC deal, Trump Media also acquired approximately 684 million CRO tokens for $50 million in cash and 2.8 million shares of company stock (ticker: DJT), and plans to integrate them into its Truth Social and Truth+ platforms.

In the future, CRO will become the utility token of these two major platforms, allowing users to exchange CRO or other rewards through in-app "gems," and may support subscription payments and promotional activities based on CRO.

Trump Media CEO Devin Nunes stated that the company is optimistic about the long-term potential of the cryptocurrency market, and this collaboration will bring a more diverse digital asset experience to platform users.

Conclusion

Trump Media and the CRO-backed team's $6.4 billion cooperation plan combines substantial equity credit lines and token issuance, injecting strong financial momentum into the Cronos Blockchain and bringing significant market benefits to the CRO token. With platform integration and the implementation of application scenarios, the performance of CRO in the coming months deserves ongoing attention from investors. For more real-time quotes and in-depth analysis, please follow the official Gate platform.