Former Gryphon executives to lead Trump Media, Crypto.com treasury company
Former Gryphon Digital Mining executives will lead the new entity formed by Trump Media and Crypto.com to manage a CRO token treasury.Summary
Yorkville Acquisition Corp. has appointed former Gryphon Digital Mining executives Steve Gutterman as CEO and Sim Salzman as CFO to lead its planned merger. This merger will create a publicly traded digital asset treasury focused on accumulating and managing the Cronos ecosystem’s native token, CRO, in partnership with Trump Media & Technology Group and Crypto.com. The new entity expects to close the merger in the first quarter of 2026. Following the merger, the company plans to run a validator node on the Cronos network to stake its CRO holdings and support its long-term accumulation strategy. This development follows prior collaborations between Crypto.com and Trump Media, including exploring US exchange-traded funds for digital assets.
(Source：Cointelegraph)