As per Cryptonewsland, Yorkville Acquisition Corp. has filed a confidential Form S-4 with the SEC to proceed with a business combination involving Trump Media & Technology Group and Crypto.com. The new entity, to be named Trump Media Group CRO Strategy, will be listed on Nasdaq under the symbol MCGA and will focus on building a CRO-centric digital-asset treasury. The deal, expected to close in Q1 2026, includes $1 billion in CRO tokens, $200 million in cash, and a $5 billion equity line of credit. Steve Gutterman and Sim Salzman will lead the new company, which plans to stake CRO tokens and run a validator node on the Cronos blockchain, targeting a 6% annual yield.
Yorkville Files S-4 to Merge with Trump Media and Crypto.com for $6 Billion CRO Treasury
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