President Donald Trump’s personal crypto ventures are expand again, this time with plans for a digital asset treasury company that holds an alternative cryptocurrency.

Trump Media and Technology Group, which operates the Truth Social media platform, announced Tuesday that it was partnering with the cryptocurrency exchange Crypto.com to form a company that holds CRO, a token created by Crypto.com . A blank check company tied to Yorkville Advisors is another co-founder of the new firm, called Trump Media CRO Strategy.

Trump Media said it plans to purchase $105 million worth of CRO. Yorkville said the total expected funding for the company's treasury will be $1 billion worth of CRO, or about 19% of the token's market cap, plus $420 million in cash and equivalents and as a $5 billion

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