Former Gryphon executive to lead Trump Media's treasury company with Crypto.com
TechFlame
2hours ago
TechFlame2hours ago
TechFlame reports that Yorkville Acquisition Corp. has appointed two former Gryphon Digital Mining executives to lead its planned merger, which will create a publicly traded digital asset treasury focused on accumulating native tokens of the Cronos ecosystem.
These appointments come as Yorkville moves forward with plans to collaborate with Trump Media & Technology Group and Crypto.com to acquire and manage Cronos tokens as core reserve assets.
Steve Gutterman will serve as Chief Executive Officer (CEO), and Sim Salzman will take on the role of Chief Financial Officer (CFO), with both expected to officially assume their positions upon the completion of the merger in the first quarter of 2026. Both previously led Gryphon Digital Mining through restructuring, regulatory reporting, and capital market transactions, and have held senior roles at companies such as E*TRADE, American Bitcoin, and Marathon Digital.
The new entity will be formed through a business combination with Trump Media and Crypto.com, aiming to function as a digital asset treasury focused on purchasing and managing CRO tokens—the native token of the Cronos blockchain built by Crypto.com.