Trump Media to distribute new digital tokens to shareholders via Crypto.com

Trump Media and Technology Group (DJT), the parent of Truth Social, said it will distribute a new digital token to shareholders through a partnership with Crypto.com.

The token will be issued on Crypto.com’s Cronos blockchain. The company said each shareholder will receive one token for every whole share of DJT they hold once the program launches.

Token holders may periodically receive rewards, including potential benefits or discounts tied to Trump Media products such as Truth Social, the Truth+ streaming service and Truth Predict.

“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,” CEO and chairman Devin Nunes said in a statement.

Shares of Trump Media rose in pre-market trading to $12.97, a gain of 3.18%. Crypto.com’s native token CRO initially jumped about 3.8% after the announcement before giving back some gains.

Donald Trump, the company’s majority owner, has spoken favorably about the crypto industry in 2025, saying in November he wants the U.S. to become a “bitcoin superpower.” Trump Media said additional details about the token distribution are expected to be announced in the new year.

Key Topics

Crypto, United States, Trump Media, Tokens, Crypto.com, Shareholders, Truth Social