Trump Media to Distribute Digital Tokens to DJT Shareholders
Trump Media and Technology Group (DJT), majority-owned by Donald Trump, announced plans to distribute a new digital token to its shareholders via Crypto.com's Cronos blockchain. Each shareholder will receive one token for every whole DJT share held when the program launches, with additional details to be disclosed in the new year. The token may feature periodic rewards linked to Trump Media products such as Truth Social, Truth+ streaming, and Truth Predict.
Shares of DJT rose 3.18% to $12.97 in pre-market trading following the announcement, while Crypto.com's CRO token initially increased by 3.8%. CEO and chairman Devin Nunes stated the company aims to use Crypto.com's blockchain, seek regulatory clarity, and reward shareholders while promoting fair and transparent markets.
Donald Trump has publicly supported cryptocurrency in 2025 and called for the United States to become a "bitcoin superpower" as of November 2025. This token distribution is described as a first-of-its-kind initiative, with further updates expected in the new year.