Trump Media Plans Digital Tokens For Shareholders

Trump Media and Technology Group Corp. (NASDAQ:DJT) stock gained on Wednesday after the company announced plans to distribute a new digital token to its shareholders in partnership with Crypto.com. 

The company stated that it will utilize Crypto.com’s technology, including the Cronos blockchain, to support the token distribution, citing its speed, scalability, and cross-network compatibility.

Trump Media expects that, once the program launches, each beneficial owner will be eligible to receive one digital token for every whole share of Trump Media they own.

Also Read: Truth Social Launches’ America First’ ETFs

The company plans to offer periodic rewards …

Full story available on Benzinga.com