Trump Media & Technology Group Corp. (Nasdaq: DJT) issued an official announcement on December 31, 2025, announcing its plan to partner with the well-known cryptocurrency exchange Crypto.com to distribute a new digital token to DJT shareholders. This initiative aims to reward shareholders and provide additional benefits using blockchain technology, marking another significant move by the company in the cryptocurrency space.
How should it be allocated?
According to the announcement, key details of this distribution plan are as follows: First, the distribution is expected to launch in the near future, with the ultimate beneficial owner (i.e., the actual holder of shares not borrowed) eligible to receive one new digital token for every 1 full share of DJT stock held. The distribution will leverage Crypto.com's advanced technology, particularly the high-performance, interoperable Cronos blockchain, to ensure a fast, scalable, and secure process. Second, the digital token itself does not represent equity in Trump Media Technology Group or any other entity.
The announcement emphasizes that the tokens are expected to be non-transferable, non-exchangeable for cash, and available only to eligible shareholders on specific record dates. The company reserves the right to modify, change, or terminate the plan at any time. Furthermore, shareholders holding the tokens will receive various rewards throughout the year, such as discounts or exclusive benefits on the Truth Social community platform, Truth+ streaming service, or other products. CEO Devin Nunes stated that this initiative will leverage Crypto.com's blockchain technology to conduct a pioneering token distribution, rewarding shareholders and promoting a fair and transparent market environment.
DJT stock price rises
Following the announcement, DJT's stock price rose approximately 2.4% in pre-market trading. This follows several proactive moves by Trump Media Technology Group this year in the cryptocurrency space, including a strategic partnership with Crypto.com, the integration of CRO tokens into its platform as a reward system, and other related collaborations, demonstrating the company's accelerated expansion in the digital assets and fintech sectors.
