Trump Media plans to launch a new token to distribute to shareholders

Source: PortaldoBitcoin Original Title: Trump Media plans to launch new token to distribute to shareholders Original Link: https://portaldobitcoin.uol.com.br/trump-media-planeja-lancar-novo-token-para-distribuir-a-acionistas/ A Trump Media and Technology Group (NASDAQ: DJT), the company of U.S. President Donald Trump, announced plans to create and distribute a new token to its shareholders. The initiative will be carried out in partnership with a cryptocurrency exchange and will use Cronos, the network of the CRO token.

According to a statement released by Trump Media, each final beneficiary should be entitled to receive one token for each full share of DJT they own, after the official launch of the program. The company states that more details about the distribution will be announced early this year.

In addition to the token itself, holders may receive periodic rewards throughout the year, which may include benefits or discounts linked to products in the Trump Media ecosystem. These include the social network Truth Social, the streaming service Truth+, and the Truth Predict platform, related to predictions and betting markets.

According to Trump Media, the digital tokens distributed to shareholders do not represent equity ownership nor do they confer rights to profits from management; they may be non-transferable and non-convertible into cash, and only the final beneficiaries of the shares will have the right to receive them.

The company also emphasized that the initiative aims to leverage recent advances in blockchain technology and a regulatory environment considered clearer.

“We are eager to utilize blockchain technology and improve regulatory clarity to implement this unprecedented token distribution, reward Trump Media shareholders, and promote fair and transparent markets,” said Devin Nunes, CEO and chairman of the company.

The announcement came at a time when Donald Trump has adopted a more favorable stance towards cryptocurrencies. In 2025, the president declared that he wants to turn the United States into a “Bitcoin superpower.”