Former Gryphon executives to lead Trump Media, Crypto.com treasury company
The appointments come ahead of a planned SPAC merger that will create a publicly traded company dedicated to accumulating and staking Cronos’ native token.
Yorkville Acquisition Corp. has tapped two former Gryphon Digital Mining executives to lead its planned merger that will create a publicly traded digital asset treasury focused on accumulating the Cronos ecosystem’s native token.
The appointments come as Yorkville moves toward forming a new entity with Trump Media & Technology Group and Crypto.com to acquire and manage the Cronos token (CRO) as its core reserve asset.
Steve Gutterman will serve as CEO and Sim Salzman as chief financial officer once the merger closes, which Yorkville expects in the first quarter of 2026. The pair previously led Gryphon Digital Mining through restructuring, regulatory reporting and capital-markets transactions, and have held senior roles at E*TRADE, American Bitcoin and Marathon Digital.
The new entity, formed through a business combination with Trump Media, co-founded by US President Donald Trump, and Crypto.com, is designed to operate as a digital asset treasury dedicated to buying and managing the CRO token — the native token of the Cronos blockchain, the network built by Crypto.com.
