Trump Media to Airdrop Non-Transferable Digital Tokens to DJT Shareholders

robot
Abstract generation in progress

Source: CryptoBriefing Original Title: Trump Media to airdrop non-transferable digital tokens to DJT shareholders Original Link: https://cryptobriefing.com/trump-media-digital-token-airdrop-djt-shareholders/

Overview

Trump Media and Technology Group, in partnership with Crypto.com, announced plans to distribute a new non-transferable digital token to its shareholders. The move will leverage Crypto.com’s Cronos blockchain for efficiency and interoperability.

Distribution Details

Eligible shareholders will receive one token per share they beneficially own. Token holders could gain access to periodic rewards, potentially including discounts or benefits tied to Truth Social, Truth+, and other Trump Media offerings.

The new digital tokens function primarily as access or reward instruments rather than as traditional financial assets. They will not represent an ownership interest in Trump Media nor will they be exchangeable for cash. Trump Media reserves the right to modify or cancel the program.

Key Statement

“We look forward to utilizing Crypto.com’s blockchain technology and improving regulatory clarity to implement this first-of-its-kind token distribution, reward Trump Media shareholders, and promote fair and transparent markets,” CEO and Chairman Devin Nunes stated.

Broader Context

The token rollout is part of the Trump empire’s ongoing push to expand its footprint across financial and digital markets. The company, alongside Yorkville America, recently launched five Truth Social ETFs on the NYSE focused on US defense, innovation, iconic brands, energy security, and real estate in conservative-leaning states.

The firms plan to launch equity and digital asset-based products next year.

TRUMP-4,52%
CRO-1,14%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
AirdropBlackHolevip
· 20h ago
Non-transfer tokens? Isn't that just another way of saying they're locked up?
View OriginalReply0
GamefiHarvestervip
· 21h ago
Another airdrop, and still can't transfer. This routine is so familiar...
View OriginalReply0
WalletDetectivevip
· 21h ago
Non-transfer tokens? Is this another new trick to scam investors?
View OriginalReply0
SerumSquirtervip
· 21h ago
Non-transferable token airdrop? I know this trick well, it's just to lock up retail investors.
View OriginalReply0
ApeEscapeArtistvip
· 21h ago
Tokens that can't be transferred? That's just a shell game, essentially useless.
View OriginalReply0
MEV_Whisperervip
· 21h ago
Tokens that don't transfer? That's the favorite trick in the crypto world— a new way to cut leeks.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)