Home / Business and Economy / Trump Media to Launch New Digital Token for Shareholders
Trump Media to Launch New Digital Token for Shareholders
1 Jan
Summary
- Trump Media will distribute a new digital token to shareholders.
- The token distribution is a partnership with Crypto.com.
- More details about the token launch are expected in 2026.
Trump Media and Technology Group is set to launch a new digital token for its shareholders through a partnership with Crypto.com. This initiative by the operator of the Truth Social platform is anticipated to further bolster the favorable climate for crypto businesses in the United States. Shareholders can expect to receive one new digital token for each share they hold.
Further details regarding the launch of this innovative digital asset are expected to be revealed in 2026. The company has indicated that the new token will operate on the Cronos blockchain, signaling a strategic move within the digital currency landscape. This development follows President Trump's expressed commitment to establishing the U.S. as the world's crypto capital.
The broader crypto industry has seen increased support, with supportive legislation passed and several enforcement cases abandoned since January. The Trump family has also been active in the crypto space, launching various ventures including a meme coin and a crypto company partly owned by the president, reinforcing the administration's pro-crypto stance.
