Trump Media company announces plans to award shareholders digital tokens | Donald Trump News
The Trump Media and Technology Group in the United States has announced a partnership with a cryptocurrency exchange to award its shareholders digital tokens.
The announcement corresponded with a small jump on Wednesday in the company’s shares, which were up 5 percent as of 11am US East Coast time (16:00 GMT).
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The majority of Trump Media’s shares are owned by its namesake, US President Donald Trump, who has been a vocal advocate for cryptocurrency, particularly during his second term.
In a news release, the company explained that it would work with the Singapore-based firm Crypto.com to provide shareholders with one digital token for every whole share they own.
There was no timeline for the…
