Trump Media taps into CRO boom taking 19% of supply in massive $6.42B acquisition strategy

Trump Media Group has reached a deal with Yorkville Acquisition Corp., a Nasdaq-listed blank check company, to form a new entity focused on acquiring and holding Cronos’s CRO token, according to an Aug. 26 statement. The proposed company, Trump Media Group CRO Strategy, will be capitalized with around $6.42 billion, which is a mix of The post Trump Media taps into CRO boom taking 19% of supply in massive $6.42B acquisition strategy appeared first on CryptoSlate.