Trump Media to issue shareholder tokens via Crypto.com deal
Trump Media and Technology Group (DJT), the company behind Truth Social, announced Wednesday it will distribute a new digital token to shareholders through a partnership with Crypto.com. The token will be minted on Crypto.com’s Cronos blockchain, and the company says shareholders will receive one token for every whole share of DJT they own once the program launches.
The move is being pitched as a way to reward investors and deepen engagement with Trump Media’s ecosystem. Token holders may receive periodic rewards throughout the year, including potential benefits or discounts tied to the company’s products — specifically Truth Social, the Truth+ streaming service and the company’s prediction platform, Truth Predict.
Trump, who is identified as DJT’s majority owner, has been publicly supportive of crypto policy in 2025; in November he said he wanted the U.S. to become a “bitcoin superpower.” CEO and chairman Devin Nunes framed the rollout as a first-of-its-kind initiative that will lean on Crypto.com’s blockchain infrastructure and push for greater regulatory clarity. “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 said.
Markets reacted modestly to the announcement: DJT shares climbed in pre-market trading to $12.97, a rise of about 3.18%, while Crypto.com’s native token CRO initially jumped roughly 3.8% before trimming some gains. Trump Media said it will release additional details on the token distribution in the new year.
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