Trump Media Sets Feb. 2 Deadline For Rewards Token – But There’s a Catch for DJT Holders
Trump Media and Technology Group has set February 2, 2026, because the vital date upon which shareholders can declare its long-awaited digital rewards token.
However, the advantageous print round eligibility, possession standing, and token utility suggests the initiative will include significant limitations for DJT holders.
In a press launch of January 20, the corporate stated that the shareholders who’re the last word useful house owners of not less than one complete share of DJT as of February 2 will probably be certified to have interaction within the digital token program.
The announcement follows the corporate’s December affirmation that it plans to distribute a blockchain-based token as a part of a broader push into crypto-adjacent merchandise tied to its media and monetary providers ecosystem.
Trump Media Clarifies Who Qualifies for Its Planned Digital Token
The eligibility guidelines introduce a direct complication.
Trump Media warned that shareholders designated as objecting useful house owners, often called OBOs, might face delays or might not obtain the well timed data wanted to assert tokens.
To keep away from that threat, the corporate inspired shareholders to verify their standing as non-objecting useful house owners with their brokers or to maneuver their shares into direct registration by Odyssey Transfer & Trust Company, the agency’s switch agent.
The language successfully locations the burden on shareholders to make sure they’re seen to the corporate forward of the file date.
When the plan was first outlined at the end of December, the corporate framed the token as a shareholder engagement software fairly than a monetary instrument, emphasizing regulatory warning and non-security traits.
After February 2, Trump Media plans to work with Crypto.com to mint the tokens, file them on the blockchain, and maintain custody of the property till distribution.
While the corporate didn’t explicitly identify the underlying community within the newest launch, earlier disclosures indicated the tokens are anticipated to run on Crypto.com’s Cronos blockchain.
Trump Media stated extra particulars on allocation and distribution will probably be launched after the file date.
The firm additionally reiterated that token holders might periodically obtain rewards all year long.
These incentives are anticipated to take the type of advantages or reductions related to Trump Media’s merchandise, together with Truth Social, its Truth+ streaming service, and Truth Predict.
However, the corporate was clear about what the token wouldn’t characterize.
According to the disclosure, the digital token won’t confer possession rights, won’t be transferable, can’t be exchanged for money, and shouldn’t be seen as a declare on income or managerial efforts.
Only shareholders who personal DJT shares outright on the file date, excluding debtors of inventory, will probably be eligible.
Trump Media CEO and Chairman Devin Nunes stated the partnership with Crypto.com is meant to align with current Securities and Exchange Commission steering whereas additionally serving to the corporate achieve a clearer view of its shareholder base as of the file date.
The firm additionally reserved the suitable to change or terminate the token distribution or any related phrases at its discretion, with or with out prior discover.
The announcement comes as DJT shares confirmed modest positive factors.
At the time of publication, the inventory was up about 3.1% and buying and selling close to $14.38, according to Google Finance.
Ownership information from Yahoo Finance shows a tightly held construction, with firm insiders controlling roughly 42.72% of excellent shares.

Institutional buyers maintain about 24.07% of complete shares, representing simply over 42% of the general public float, with 401 establishments reporting positions.
The token initiative marks essentially the most concrete step but in Trump Media’s gradual transfer towards blockchain-based options.
The submit (*2*) appeared first on Cryptonews.

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