Trump Media plans new token distribution for shareholders in partnership with Crypto.com
Trump Media and Technology Group (DJT), the company behind Truth Social, said Wednesday it plans to distribute a new digital token to shareholders through a deal with Crypto.com.
The token will be issued using Crypto.com’s Cronos blockchain. Trump Media said in a press release that once the program launches, each shareholder would receive one token for every whole share of DJT held.
Token holders may also periodically receive rewards throughout the year, including potential benefits or discounts tied to Trump Media’s products, such as Truth Social, the Truth+ streaming service and Truth Predict, the company said.
U.S. president Donald Trump is the majority owner of Trump Media and Technology and has spoken favorable about the crypto…
