Trump Media and Technology Group Corp. (TMTG), the operator of Truth Social and Truth+, disclosed that it intends to issue one digital token per whole share of DJT to eligible shareholders, pending further details expected in the coming months.
The announcement positions the token as a shareholder perk rather than a financial instrument tied to company equity or earnings. The planned distribution would be conducted in partnership with Crypto.com, using the Cronos blockchain. Trump Media explained on Wednesday that the technology was selected for its speed and interoperability, though no firm timeline or record date has been disclosed.
The latest token push arrives as TMTG and Crypto.com continue widening their partnership and technical integrations. The companies said in August that Crypto.com’s digital wallet infrastructure would be embedded across TMTG platforms, including Truth Social and Truth+.
They have also taken steps toward building a digital asset treasury (DAT) strategy. As part of that effort, a new entity—Trump Media Group CRO Strategy, Inc.—was formed and agreed to merge with a SPAC backed by Yorkville Acquisition Corp.
According to the company’s latest release on Dec. 31, holders of the new digital token may periodically receive rewards, including perks or discounts tied to Trump Media products such as Truth Social, Truth+, and Truth Predict. The company emphasized that these rewards would not involve profits generated from managerial efforts, a crucial distinction under securities law.
Trump Media also made clear that the tokens are expected to be nontransferable, not redeemable for cash, and available only to ultimate beneficial owners of DJT shares, excluding borrowed shares. The company reserved the right to modify or terminate the program at any time, with or without notice.
Also read: US Dollar Faces Worst Annual Performance Since 2017, Drops 9.5% in 2025
In a statement, CEO Devin Nunes framed the initiative as an experiment in shareholder engagement, while acknowledging the need for regulatory clarity. As with many digital-asset initiatives, the announcement leaned heavily on caveats, signaling ambition tempered by legal guardrails.
“We look forward to utilizing Crypto.com’s blockchain technology and improving regulatory clarity to implement this first-of-its kind token distribution, reward Trump Media shareholders, and promote fair and transparent markets,” Nunes explained.
Over the past year, several Trump-linked crypto coins have made their debut, including World Liberty Financial’s WLFI and its stablecoin USD1; alongside them, a pair of meme coins—TRUMP and MELANIA—were introduced and attributed to the 47th U.S. President and the first lady.
The latest TMTG development comes after the company signed a definitive agreement to merge with fusion power firm TAE Technologies in an all-stock transaction valued at more than $6 billion.
- What did Trump Media announce?
The company said it plans to distribute a digital token to eligible DJT shareholders. - Will the token represent ownership in Trump Media?
No, the token is not expected to convey equity or profit rights. - Can the tokens be sold or exchanged for cash?
Trump Media said the tokens are anticipated to be nontransferable and not cash-redeemable. - When will the distribution happen?
The company said additional details will be released in the new year.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
