CRO Surges 37.6% to $0.2869 Near 3-Year High After Trump Media & Yorkville $1B CRO Treasury Deal

COINOTAG reported on August 28 that market data showed CRO surged about 37.6% in 24 hours to a high of $0.2869, approaching a near‑three‑year peak. The token previously initiated a pronounced uptrend in November 2021, rising from $0.214 to $0.965 between November 2 and November 24 (roughly 350%), before retreating to $0.057 by end‑2022 (approximately a 94% decline from the top). COINOTAG also reported on August 26 that Yorkville Acquisition Corp, Trump Media & Technology Group and Crypto.com signed a definitive agreement to form Trump Media Group CRO Strategy, Inc., a digital asset treasury vehicle targeting Cronos ecosystem-native CRO. The proposed treasury composition—$1 billion in CRO, $200 million cash, $220 million cash‑settled convertible bonds and a $5 billion equity line of credit—is expected to make it the first publicly traded CRO treasury company.