|

Trump Media Token Airdrop Confirmed for Shareholders With New Truth Social Utility

Trump Media and Technology Group has confirmed plans to distribute a brand new digital token to its shareholders, marking the clearest step but within the firm’s gradual enlargement into blockchain-based merchandise tied to its media and monetary companies ecosystem.

In a press launch, the corporate said it intends to concern the token to shareholders of its publicly traded inventory, DJT, in partnership with Crypto.com.

The distribution will likely be carried out utilizing Crypto.com’s infrastructure, with the token anticipated to run on the Cronos blockchain, which is designed to assist high transaction throughput and interoperability throughout networks.

Trump Media mentioned Airdrop Token doesn’t equal possession

According to the announcement, every final useful proprietor of DJT shares can be eligible to obtain one digital token for each entire share they personal, starting at a file date that will likely be set sooner or later.

Trump Media mentioned token holders might periodically obtain rewards all year long, which might embrace advantages or reductions tied to its merchandise, including Truth Social, the Truth+ streaming platform, and its prediction market product, Truth Predict.

The firm emphasised that the token will not be meant to perform as fairness or a monetary safety. Trump Media mentioned the digital asset won’t characterize possession within the firm or another entity, and that holders shouldn’t anticipate rewards tied to income generated via managerial efforts.

The token might also be non-transferable and can’t be exchanged for money, in keeping with the disclosure.

Trump Media chief government and chairman Devin Nunes mentioned the corporate sees the token as a strategy to reward shareholders whereas working inside what it described as enhancing regulatory readability.

He added that the corporate plans to depend on Crypto.com’s blockchain know-how to implement the distribution. Trump Media mentioned additional particulars about how and when the token will likely be issued are anticipated to be launched within the new 12 months.

Source: Google Finance

The announcement comes as Trump Media’s inventory confirmed renewed exercise, because the shares of DJT have been just lately buying and selling at about $13.30, up roughly 5.85% on the day, reflecting investor consideration following the token disclosure.

As Revenue Plateaus, Trump Media Leans Deeper Into Digital Assets

Financially, the corporate continues to report modest income alongside sizable losses. In the trailing twelve months of 2025, Trump Media reported income of $3.67 million, a slight enhance of about 1.6% from 2024, when income totaled $3.61 million.

Source: CompaniesMarketCap

That determine, nevertheless, stays under the $4.13 million reported in 2023, the strongest 12 months prior to now three-year interval. The knowledge reveals that income progress has largely stalled, with the corporate struggling to meaningfully broaden its earnings base.

The token distribution matches right into a broader sample of crypto-related initiatives from Trump Media over the previous 12 months.

In April, the corporate disclosed that it was exploring the launch of a utility token and a digital wallet as a part of an enlargement of Truth+, initially positioning the token as a strategy to pay for streaming subscriptions earlier than doubtlessly extending its use throughout different companies.

Trump Media has additionally expanded into monetary merchandise via its Truth.Fi model. In January, the corporate announced plans to invest in Bitcoin and other digital assets and to work with Crypto.com on launching crypto-focused exchange-traded funds.

In July, Trump Media revealed it had invested $300 million in choices linked to Bitcoin-related securities, searching for publicity to crypto worth actions with out straight holding the asset.

By November, the corporate’s rising publicity to digital belongings had additionally introduced new dangers into focus.

Trump Media reported a quarterly loss of $54.8 million after Bitcoin costs declined, pushing earlier crypto purchases underwater and contributing to continued earnings strain.

The submit Trump Media Token Airdrop Confirmed for Shareholders With New Truth Social Utility appeared first on Cryptonews.

Similar Posts