CRO has risen 37.6% in the past 24 hours, reaching a new high in nearly 3 years.

On August 28, according to market data, CRO rose by 37.6% in the past 24 hours, reaching a maximum of 0.2869 USD, setting a new high price in nearly 3 years. CRO began a one-sided upward trend in November 2021, rising from 0.214 USD to 0.965 USD between November 2 and 24, with an increase of 350%. It then fell to 0.057 USD at the end of 2022, a decrease of 94% from the peak. BlockBeats previously reported that Yorkville Acquisition Corp, Trump Media & Technology Group, and CEX announced on August 26 that the three parties have signed a final agreement to merge businesses to establish Trump Media Group CRO Strategy, Inc., a digital asset treasury company focused on acquiring the Cronos ecosystem's native encryption token (CRO). The expected funding composition of the digital asset treasury includes: 1 billion USD in CRO, 200 million USD in cash, 220 million USD in cash exercise warrants, and a 5 billion USD equity credit line provided by Yorkville affiliate YA II PN, Ltd. This structure will make it the first and largest publicly traded CRO treasury company.