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X @Crypto.com
Crypto.com· 2025-12-01 18:01
⏳ The Festive CRO Campaign is heating upBuy US$500+ of $CRO in the https://t.co/hcDm4vdblb App to unlock tiered CRO rebates of up to 1.5% — while the US$50,000 rebate pool lasts ✨The top 10 users ranked by their net CRO purchase amount will earn an extra US$500 in CRO each 🎁🗓️ Ends 25 DecNot available in all jurisdictions. Info + T&Cs 👇https://t.co/pQIO8BDXfG ...
Trump Media and Crypto.com's $6 Billion Cronos Treasury Inches Closer to Public Debut
Yahoo Finance· 2025-12-01 16:53
Group 1 - Trump Media and Technology Group and Crypto.com are moving towards a business combination that will affiliate them with a publicly traded Cronos (CRO) treasury, aiming to hold over $6 billion in cryptocurrency [1] - Yorkville Acquisition Corp. has filed an S-4 with the SEC to establish Trump Media Group CRO Strategy, Inc. through this business combination [1][2] - Key executives Steve Gutterman and Sim Salzman have been appointed as CEO and CFO, respectively, and are expected to assume their roles in Q1 upon closing of the business combination [2] Group 2 - The treasury is expected to initially hold 6.3 billion CRO tokens, $200 million in cash, $220 million in warrants, and a $5 billion equity line of credit (ELOC) [3] - The current value of the 6.3 billion CRO tokens is approximately $636 million, reflecting a 36% loss as CRO has decreased over 30% in the last month [4] - The market cap of CRO is currently at $3.7 billion, with a fully diluted valuation exceeding $9.7 billion, indicating expectations for future price appreciation [5] Group 3 - The treasury plans to establish and operate a Cronos validator node, delegating CRO assets to earn around 6% APY in staking rewards [6] - The founding partners believe CRO presents a unique opportunity as it serves as the backbone of a growing blockchain ecosystem, enabling utility and yield generation [6]
Yorkville Acquisition Corp. “MCGA” Announces CEO and CFO Appointments for Trump Media Group CRO Strategy
Globenewswire· 2025-12-01 13:45
Core Insights - Yorkville Acquisition Corp. has appointed Steve Gutterman as CEO and Sim Salzman as CFO in connection with the closing of a business combination, which will establish a digital asset treasury company focused on the cryptocurrency token of the Cronos ecosystem (CRO) [1][2] Company Overview - Yorkville Acquisition Corp. is a special purpose acquisition company (SPAC) aiming to merge with established businesses for growth opportunities [8] - Trump Media Group CRO Strategy is focused on strategically investing in digital asset ecosystems and managing CRO [7] Leadership Experience - Steve Gutterman has extensive experience in leading high-growth businesses, overseeing over 40 acquisitions and raising more than $2 billion in capital [2][3] - Sim Salzman has 20 years of finance and accounting experience, with a strong background in high-stakes transactions and digital asset strategy [3] Strategic Vision - The leadership team aims to unlock significant value for shareholders through the aggregation of CRO and effective management of digital assets [2][3] - The business combination is seen as a defining moment for cryptocurrencies and digital asset treasuries, positioning Yorkville Acquisition Corp. uniquely in the market [3] Upcoming Developments - The transition of Gutterman and Salzman into their roles is expected to occur with the closing of the business combination, anticipated in the first quarter of 2026 [4]
Yorkville Acquisition Corp., Trading as $MCGA, Marks Next Step Towards Completing Business Combination
Globenewswire· 2025-12-01 13:06
Core Points - Yorkville Acquisition Corp. has confidentially submitted a draft registration statement on Form S-4 with the SEC for a proposed business combination with Trump Media & Technology Group Corp. and Crypto.com [1][2] - The business combination aims to establish Trump Media Group CRO Strategy, Inc., focusing on acquiring the native cryptocurrency token of the Cronos ecosystem (CRO) [1][4] - Upon completion, Yorkville will be renamed Trump Media Group CRO Strategy, Inc. and listed on Nasdaq under the ticker symbol "MCGA" [2] Company Overview - Yorkville Acquisition Corp. is a blank check company incorporated in the Cayman Islands, aiming to effect a merger or similar business combination with established businesses poised for growth [5][6] - Trump Media's mission is to promote free speech through its platforms, including Truth Social and Truth+, and is launching Truth.Fi for financial services [7] - Crypto.com, founded in 2016, is a leader in regulatory compliance and aims to accelerate cryptocurrency adoption [8] Advisors - Clear Street is the exclusive capital markets advisor to Yorkville Acquisition Corp. [3] - DLA Piper LLP (US) serves as legal counsel to Yorkville, while Skadden, Arps, Slate, Meagher & Flom LLP advises Crypto.com [3] Future Strategy - Trump Media Group CRO Strategy, Inc. will focus on strategically investing in digital asset ecosystems and managing CRO [4] - The business combination is subject to SEC review and shareholder approval, with customary closing conditions to be fulfilled [2] Additional Information - Yorkville Acquisition Corp. plans to file a Registration Statement on Form S-4, which will include a preliminary proxy statement and prospectus related to the business combination [9][10] - Shareholders will receive definitive proxy statements and other relevant documents for voting on the business combination [10]
X @BSCN
BSCN· 2025-12-01 10:50
RT BSCN (@BSCNews)📣 Latest Sui Network News: November 2025@SuiNetwork has been building and building this year. Catch up on its biggest recent milestones...Network growth holds strong, as @cryptocom increases institutional support, a Sui-native stablecoin is born, and the network itself receives a performance boost... ...
X @Crypto.com
Crypto.com· 2025-12-01 07:01
Campaign Overview - Crypto.com's League Royale Campaign Round 7 is live from December 1-15 [1] - Participants can win up to US$1,000 in $CRO rewards [1] - First Class UCL tickets are available for EU traders only [1] Eligibility - Users need to buy at least US$50 of $CRO to qualify for the rewards [1] - The campaign is not available in all jurisdictions [1] Promotion - The campaign is promoted with the hashtags UEFA and UCLWithCryptoCom [1]
X @Crypto.com
Crypto.com· 2025-12-01 01:31
Hint: It’s an EVM-compatible Layer-1 https://t.co/zkpWTcJXRq ...
X @Crypto.com
Crypto.com· 2025-11-30 22:01
The MON App Campaign ends tomorrowStand to win US$10 of $BTC by depositing or purchasing US$50+ of $MONOnly the top 2,000 users ranked by their Net Gains will win 🏆Details and T&Cs 👇🏻https://t.co/DGm47TCwH3@monad https://t.co/ERQrGmuChB ...