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Yorkville Acquisition Corp. Announces Ticker Symbol Change to “MCGA” Ahead of Trump Media Group CRO Strategy, Inc. Listing
Globenewswire· 2025-09-05 16:30
Group 1 - Yorkville Acquisition Corp. will change its name to Trump Media Group CRO Strategy upon the completion of the business combination with Trump Media & Technology Group Corp. and Crypto.com [2][5] - The new ticker symbol for Yorkville Acquisition Corp. will be "MCGA" starting September 8, 2025, with the corresponding symbols for publicly-traded units and warrants being "MCGAU" and "MCGAW" respectively [1][3] - Trump Media Group CRO Strategy aims to strategically invest in digital asset ecosystems, focusing on the acquisition and management of the native cryptocurrency token of the Cronos ecosystem, known as CRO [4][2] Group 2 - Trump Media operates platforms such as Truth Social and Truth+, which aim to provide a safe space for free expression and family-friendly content, respectively [7] - Crypto.com, founded in 2016, is recognized for its regulatory compliance and security, with a vision of making cryptocurrency accessible to everyone [8] - The business combination is intended to create a digital asset treasury company that connects traditional investment opportunities with digital assets [4][2]
TONX (Formerly Verb) Exec Chairman Featured on CNBC ‘Squawk Box’ Asia
Globenewswire· 2025-09-04 12:30
Core Insights - The company, formerly known as Verb Technology Company, has rebranded to TON Strategy Company and began trading as TONX on the Nasdaq Capital Market on September 2, 2025 [2] - TONX's strategy focuses on accumulating Toncoin ($TON) and providing public market equity investors access to this unique asset class, leveraging its integration with Telegram, a platform with one billion users [3][4] Company Strategy - The company aims to steadily expand its $TON treasury through various means, including capital raising transactions, staking rewards, and open market purchases [4] - TONX positions itself as a significant infrastructure provider within the TON blockchain ecosystem, capitalizing on its unique integration with Telegram for digital wallets, payments, and applications [3] Legacy Operations - In addition to its digital asset strategy, the company continues to operate legacy business units such as MARKET.live, a multi-vendor livestream shopping platform, and LyveCom, which focuses on AI-powered social commerce [5]
X @Bankless
Bankless· 2025-09-02 15:15
Company Overview - ETHZilla, formerly 180 Life Sciences Corp, pivoted to Ethereum and rebranded in early August [1] - The company secured $425 million via a private investment (PIPE) with over 60 investors [1][6] - Peter Thiel's Founders Fund holds 75% of ETHZilla, acquiring 116 million shares [4] Treasury Management & Strategy - ETHZilla partnered with Electric Capital for yield management, initially holding 82186 ETH on August 12 [2] - As of August 27, ETHZilla holds 102237 ETH, bought at $394872 for $403 million, now valued at $466 million [3] - The company's onchain strategy leverages Electric's infrastructure for yields up to 15%, surpassing traditional options [4] - ETHZilla aims to be a top-3 ETH treasury, focusing on long-term ETH growth and yields [5] DeFi Focus & Opportunities - ETHZilla's strategy includes daily ETH purchases via ATM sales and a $250 million buyback for shares above NAV [6] - The company views DeFi's current phase as a "2005-08 sweet spot," scaling protocols like Aave, Uniswap, and Lido [7] - ETHZilla's DeFi-centric approach aims to weather market shakeouts by funding liquidity pools and reinforcing Ethereum's infrastructure [7]
X @Easy
Easy· 2025-09-02 13:38
Another HUGE day for Digital Asset Treasury Companies.Have seen a handful of people say Solana was the clear trade after ETH treasuries, and the obvious BTC Treasuries.But we are now seeing it play out in REAL TIME.$STSS just became the LARGEST holder of Solana by a publicly traded company.I'm excited to continue to work alongside @stsssol to bring more eyes to their DAT, as it is the LARGEST Solana holder for ALL digital asset treasury companies.Holding over $400 MILLION dollars worth of Solana.STSSsol (@s ...
Caliber Appoints Michael Trzupek to Lead Governance on Crypto Advisory Board
Globenewswire· 2025-09-02 11:30
Core Insights - Caliber has established a Crypto Advisory Board (CCAB) to oversee its Digital Asset Treasury (DAT) Strategy, focusing on accumulating LINK tokens for long-term value and yield generation [1][3] - Michael Trzupek has been appointed as the first member of the CCAB, bringing extensive experience in finance and blockchain infrastructure [1][2][3] - The DAT Strategy aims to strengthen Caliber's balance sheet and connect traditional real estate markets with the digital financial ecosystem [3][4] Company Overview - Caliber (NASDAQ: CWD) is an alternative investment firm managing over $2.9 billion in assets, specializing in hospitality, multi-family residential, and industrial real estate [4] - The company launched its Digital Asset Treasury strategy in 2025, focusing on LINK, the token associated with Chainlink's blockchain infrastructure [4] Leadership and Strategy - Michael Trzupek's background includes roles at Imagination Technologies and Core Scientific, where he managed treasury and investment operations [2][3] - The leadership believes Trzupek's expertise will be crucial in executing the LINK DAT Strategy effectively [3]
VivoPower Partners with Doppler Finance for Institutional XRP and RLUSD Yield Programs: Maximizing Returns on Crypto Treasury Strategy
GlobeNewswire News Room· 2025-09-02 10:00
Core Insights - VivoPower International PLC has entered a partnership with Doppler Finance to deploy an initial US$30 million of XRP, aiming to unlock institutional-grade yield opportunities for its XRP holdings [1][3] - The yield strategy is designed as a regenerative loop, where yields earned on deployed XRP will be reinvested back into VivoPower's reserves, creating compounding long-term value for shareholders [2][4] - South Korea is a strategically important market for VivoPower, holding US$30 billion of XRP, which represents 20% of the global circulating supply [1][3] Company Overview - VivoPower is a sustainability-driven enterprise focused on digital treasury transformation, acquiring and managing XRP digital assets as part of a diversified digital treasury strategy [4][5] - The company operates globally, with a presence in regions including the United Kingdom, Australia, North America, Europe, the Middle East, and Southeast Asia [5] - VivoPower has two business units: Tembo, which focuses on electric solutions for customized fleet applications, and Caret Digital, which is centered on renewable power use cases, including digital asset mining [5] Partnership Details - The partnership with Doppler Finance is expected to enhance VivoPower's digital asset treasury and decentralized finance solutions strategy in South Korea [3][6] - Doppler Finance provides a yield generation protocol built on the XRP Ledger, combining regulated custody and audited reserves to ensure safety and scalability [6] - The collaboration aims to support the growth of the XRP ecosystem in South Korea, particularly in payment remittances, real-world asset tokenization, and DeFi lending [3][4]
X @Unipcs (aka 'Bonk Guy') 🎒
the stage is set for aggressive $BONK outperformance once memecoins start movingAFAIK, BONK is the only other memecoin besides $DOGE to already have a DAT (Digital Asset Treasury) initiative in place — i.e., public companies actively purchasing BONK as part of their treasury strategywe already saw how this played out with $BTC, pushing it far above ATHs and defying all expectationsthen we saw it play out with $ETH, pushing it to ATHs when many regarded it as a dead assetand now we're already seeing $SOL out ...
X @BSCN
BSCN· 2025-08-26 12:46
🚨JUST IN: TRUMP MEDIA GROUP CRO STRATEGY TO ACQUIRE $6.42 BILLION FOR DIGITAL ASSET TREASURY ...
Trump Media Group CRO Strategy to Acquire $6.42 Billion for CRO Digital Asset Treasury
Globenewswire· 2025-08-26 12:30
Core Viewpoint - The announcement details a definitive agreement for a business combination between Yorkville Acquisition Corp., Trump Media & Technology Group, and Crypto.com to create Trump Media Group CRO Strategy, Inc., focusing on acquiring the CRO cryptocurrency token from the Cronos ecosystem [1][2]. Group 1: Business Combination Details - The business combination will result in Trump Media Group CRO Strategy being majority-owned by Yorkville, Trump Media, and Crypto.com, with expected funding of $1 billion in CRO, $200 million in cash, and $220 million in cash-in mandatory exercise warrants [2][5]. - The total funding will also include a $5 billion equity line of credit from an affiliate of Yorkville, making it the largest publicly traded CRO treasury company [2][10]. - Yorkville Acquisition Corp. plans to change its Class A ordinary shares trading symbol to "MCGA" prior to the business combination [4]. Group 2: Strategic Focus and Operations - Trump Media Group CRO Strategy aims to establish a digital asset treasury centered on the accumulation and active management of CRO, focusing on yield-generating assets [11][12]. - The strategy includes operating a validator node to participate in network security and governance, generating staking rewards to enhance CRO holdings [12]. - The Cronos blockchain ecosystem is designed for speed and scalability, facilitating low-cost smart contract deployment and integration with major blockchain networks [7][8]. Group 3: Market Position and Future Outlook - The partnership is positioned to capitalize on the growing trend of digital asset treasuries, with a strong belief in the future utility of cryptocurrency [9][10]. - The Cronos ecosystem supports decentralized applications in finance and commerce, aiming to integrate seamlessly with U.S. financial systems [8]. - The project is expected to encompass more than the current market capitalization of CRO, indicating significant growth potential [10].
X @The Block
The Block· 2025-08-25 10:48
RT shαs (@XBT002)Roundup of news from our writers in Asia:💰 Galaxy Digital, Jump Crypto, and @multicoincap are in talks to raise $1 billion to establish a digital asset treasury firm focused on @solana. @ParkKunwoong🇵🇭 Philippines Congressman Miguel Luis Villafuerte proposed that the country’s central bank buy 2,000 BTC annually for five years, with a 20-year lockup period. @ParkKunwoong🇯🇵 @Metaplanet_JP disclosed that it bought an additional 103 BTC for $11.7 million. @timmyhmshen📊 @ethereum co-founder @Vi ...