Trump Media (NASDAQ:DJT) has scheduled the date for shareholders to receive tokens and other incentives. According to a company statement, holders of DJT will be eligible to receive tokens on the record date of February 2, 2026.
Trump Media is working with Crypto.com to issue the tokens and to custody the digital assets pending distribution. Additional details are said to be forthcoming.
Trump Media states that various rewards will be made available to shareholders periodically throughout the year. Such rewards may include benefits or discounts tied to Trump Media products such as Truth Social, Truth+, and Truth Predict.
Devin Nunes, Trump Media’s CEO and Chairman, commented:
“We look forward to leveraging Crypto.com’s blockchain technology consistent with Securities and Exchange Commission guidance to benefit our shareholders and promote transparency, including by obtaining a clear picture of bona fide beneficial ownership as of the record date.”
The tokens do not represent ownership in the firm and are not securities. The tokens will not be transferable and cannot be exchanged for cash.
Shares of DJT moved higher on the news, bucking a down day on the markets.