$CRO up 40% on $1b+ 24h trading volume, following the historic announcement of $6.4b treasury play by Trump Media Group CRO Strategy. $DJT up more than 5% on the news.
Value of CRO held under Trump Media Group umbrella now at over $1.5 billion.
- A historic day for $CRO. Trump Media Group CRO Strategy announced a $6.42b U.S. Dollar treasury play. See the press release for more info on the proposed Business Combination and important info about $YORK, $YORKW and $YORKU. Here’s what you need to know:
- A definitive agreement for a business combination with Nasdaq-listed $YORK to establish Trump Media Group CRO Strategy was signed today
- at completion, it will trade as $MCGA — Make CRO Great Again
- at completion, Trump Media Group CRO Strategy will be the WORLD’S LARGEST HOLDER of $CRO, with 6,313,000,212 CRO
- This ~6.3 billion CRO tokens is worth approximately $1b as of the time of the announcement
- separately, Trump Technology Media Group ($DJT) acquired $105m of $CRO and https://t.co/dwRH3YcIjT acquired $50m of $DJT
- This brings the total $CRO under the Trump Media Group umbrella to ~7 billion tokens.
- $CRO will become the PLATFORM TOKEN of Truth Social as a part of this broad, strategic partnership
- at completion, Trump Media Group CRO Strategy is expected to have $200m CASH to acquire more CRO
- https://t.co/dwRH3YcIjT and Trump Media Group are each chipping in additional $100m cash each via warrants and Yorkville is chipping in $20m cash via warrants, bringing the TOTAL CASH to ~$420m
- the company will also have access to a further $5 BILLION LINE OF CREDIT from Yorkville to, yes, you guessed it right, acquire even more CRO
- cumulatively, this will add up to an UNPRECEDENTED amount of DRY POWDER for any Digital Asset Treasury company, exceeding the total market cap of $CRO as of the time of announcement
- to put it in perspective, to reach similar level of buying power and impact on Ethereum, leading ETH treasury companies would have to buy hundreds of billion of ETH — just unprecedented
- Trump Media Group CRO Strategy will hold the CRO it acquires FOREVER
- Trump Media Group CRO Strategy will stake the CRO it holds to further boost its CRO holdings and generate ROBUST REVENUES for $MCGA
- let’s talk about $MCGA — all founding partners are fully committed to long term success for all $MCGA shareholders
- This means 4 year LOCKUPS for Trump Media & Technology Group, Yorkville and https://t.co/dwRH3YcIjT and $MCGA management (12 months full lockup and then partial unlocks every 6/12 months)
- very reasonable public float of 13% — original $YORK holders
- this presents a differentiated opportunity for investors in the Digital Asset Treasury space
- the mission of Trump Media Group CRO Strategy is to enhance shareholder value by maximising THE FLYWHEEL EFFECT: more funds raised, more CRO bought, prices appreciate, allowing for more funds to be raised and more CRO to be bought
- as a result of the flywheel, one should expect Cronos to reach its FULL POTENTIAL as the backbone of all financial services, including powering payments for AI agents
- it appears that the market has responded well to the news
- In the wise words of the namesake of the soon-to-be world’s largest holder of CRO: THANK YOU FOR YOUR ATTENTION TO THIS MATTER
- Here’s the official release: https://t.co/DCvwjCoqB2
🚨JUST IN: President Trump signs an Executive Order establishing the Strategic #Bitcoin Reserve and U.S. Digital Asset Stockpile! 🇺🇸🦅
Digital Asset Stockpile = #XRP
Reasons I hold #XRP 👇
Bank of America
Bank of England
Banco Santander
Bank Of Indonesia
Bank Of Thailand
Cambridge Global Holdings
SBI Holdings
BBVA Banco Bilbao Vizcaya
Barclays Bank
Hsbc Bank
SCB Siam Commercial Bank
Zip Remit
InstaRem
IndusInd
Itau Unibanco
Beetech
Woori Bank
Saudi Arabian Monetary Authority(SAMA)
Western Union
UAE Exchange
Asia MTM
LianLian International
We Make Price
Credit Agricole
IDT
Selly
Bichip
SBI Virtual Currencies
RAKBANK
American Express FX Payments
TranferGo
Bexs Banco
AirWallex
Currencies Direct
IFX dlocal
Cuallix
ANZ
Westpac
Banca Intesa Sanpaolo
Macquarie Group
Natixis
Nordea
Scotiabank
Krungsri
Al Rajhi Bank
MUFG Tokyo-Mitsubishi UFJ Financial Group
SEB Skandinaviska Enskilda Banken
Akbank
Axis Bank
YES BANK
Star One Credit Union
eZforex
SBI Remit
Fukui Bank
FlashFX
Star Bank
Aomori Bank
Ashikaga Bank
Awa Bank
Aeon Bank
Senshu Ikeda Bank
Iyo Bank
Oita Bank
Orix Bank
Gunma Bank
Keiyo Bank
San-In Godo Bank
Sikoku Bank
77 Bank
Shimizu Bank
Juroku Bank
Shinkin Central Bank
Shinsei Bank
Hachijuni Bank
Michinoku Bank
MHFG Mizuho Financial Group
Musashino Bank
Nomura Trust and Banking Company
Seven Bank
Sony Bank
Yachiyo Bank
Tochigi Bank
Bank of The Ryukyus
Chiba Bank
Chugoku Bank
Daishi Bank
Daiwa Next Bank
Hokuriku Bank
Nishi-Nippon City Bank
North Pacific Bank
Resona Bank
Shikoku Bank
Sumitomo Mitsui Trust Bank
Toho Bank
Tsukuba Bank
Yamagata Bank
Bank of America Merrill Lynch
Bank Leumi Le-Israel
NAB National Australia Bank
BMO Bank of Montreal
Mizuho Financial Group
SHRB Shanghai Huarui Bank
Standard Chartered Bank
Bank of Yokohama
SBI Sumishin Net Bank
ATB Financial
National Bank of Abu Dhabi
CBIC Canadian Imperial Bank of Commerce
Reisebank
UniCredit
UBS
Volante
Expertus
Temenos
Deloitte
RBC Royal Bank of Canada
DH Corporation
DBS Group
Credit Suisse
OCBC Bank
Shanghai Banking Corporation Limited
UOB United Overseas Bank
Singapore Exchange
TD Bank Canada
Accenture
CGI Group
Earthport
Royal Bank of Scotland
Commonwealth Bank of Australia
Saldo
Rabobank
TAS Group
Yantra Financial Technologies
Cross River Bank
These are all publicly known, confirmed partners of @Ripple. (not even a full list)
‼️🚨 THESE ARE ALL THE BANKS PARTNERED WITH RIPPLE AND READY TO USE #XRP:
Banco Santander
Bank Of Indonesia
Bank Of Thailand
Moneygram
Cambridge Global Holdings
SBI Holdings
BBVA Banco Bilbao Vizcaya Argentaria
SCB Siam Commercial Bank
Zip Remit
InstaRem
IndusInd
Itau Unibanco
Beetech
Woori Bank
Saudi Arabian Monetary Authority(SAMA)
Western Union
UAE Exchange
Asia MTM
LianLian International
We Make Price
Credit Agricole
IDT
Selly
Bichip
SBI Virtual Currencies
Arrington XRP Capital
RAKBANK
American Express FX Payments
TranferGo
Bexs Banco
AirWallex
Currencies Direct
IFX dlocal
Cuallix
ANZ
Westpac
Banca Intesa Sanpaolo
Macquarie Group
Natixis
Nordea
Scotiabank
Krungsri
Al Rajhi Bank
MUFG Tokyo-Mitsubishi UFJ Financial Group
SEB Skandinaviska Enskilda Banken
Akbank
Axis Bank
YES BANK
Star One Credit Union
eZforex
SBI Remit
Bank Of England
Fukui Bank
FlashFX
Star Bank
Aomori Bank
Ashikaga Bank
Awa Bank
Aeon Bank
Senshu Ikeda Bank
Iyo Bank
Oita Bank
Orix Bank
Gunma Bank
Keiyo Bank
San-In Godo Bank
Sikoku Bank
77 Bank
Shimizu Bank
Juroku Bank
Shinkin Central Bank
Shinsei Bank
Hachijuni Bank
Michinoku Bank
MHFG Mizuho Financial Group
Musashino Bank
Nomura Trust and Banking Company
Seven Bank
Sony Bank
Yachiyo Bank
Tochigi Bank
Bank of The Ryukyus
Chiba Bank
Chugoku Bank
Daishi Bank
Daiwa Next Bank
Hiroshima Bank
Hyakugo Bank
Nishi-Nippon City Bank
North Pacific Bank
Resona Bank
Shikoku Bank
Sumitomo Mitsui Trust Bank
Tsukuba Bank
Yamagata Bank
Bank of America Merrill Lynch
Bank Leumi Le-Israel
NAB National Australia Bank
BMO Bank of Montreal
Mizuho Financial Group
SHRB Shanghai Huarui Bank
Standard Chartered Bank
Bank of Yokohama
SBI Sumishin Net Bank
Barclays
National Bank of Abu Dhabi
CBIC Canadian Imperial Bank of Commerce
UniCredit
UBS
Volante
Expertus
Temenos
Deloitte
RBC Royal Bank of Canada
DH Corporation
DBS Group
Credit Suisse
JP Morgan
OCBC Bank
HSBC The Hongkong And Shanghai Banking Corporation Limited
UOB United Overseas Bank
Singapore Exchange
TD Bank Canada
Accenture
CGI Group
Earthport
Royal Bank of Scotland
Commonwealth Bank of Australia
CBW Bank
Saldo
TAS Group
Yantra Financial Technologies
Cross River Bank
Rarely in American politics has a new industry spent so much money, with such apparent impact, as the cryptocurrency business did in the last election. This Sunday, Margaret Brennan reports on the industry's hopes for the new “pro-crypto” administration. https://t.co/mEN4CWeXMW