Trump Media & Technology Group Corp. (DJT) has officially set the date for the distribution of its new digital token to shareholders, marking an exciting development in its collaboration with cryptocurrency exchange Crypto.com. The designated record date for this initiative is February 2, 2026.
The announcement specifies that eligible shareholders will include both ultimate beneficial owners and registered holders of at least one whole share of DJT stock as of the record date. To facilitate a seamless distribution process, Trump Media will work with broker participants to identify eligible holders. Following the record date, the company intends to partner with Crypto.com to mint the digital tokens, which will be recorded on the blockchain and held in custody until distribution occurs.
Moreover, Trump Media has indicated that record-date shareholders can expect to receive various rewards over the coming year. These rewards may encompass benefits or discounts related to the company’s offerings, including services like Truth Social, Truth+, and Truth Predict.
This partnership between Crypto.com and Trump Media dates back to August of the previous year, when the Trump-affiliated firm announced a substantial $6.4 billion investment in Crypto.com’s native token, CRO, as part of a strategic reserve initiative.
Devin Nunes, CEO and Chairman of Trump Media, expressed his optimism regarding the new initiative and the ongoing partnership with Crypto.com. He highlighted the aim to utilize Crypto.com’s blockchain technology in accordance with guidelines from the Securities and Exchange Commission to enhance shareholder value and ensure transparency. Nunes emphasized the importance of acquiring a clear understanding of bona fide beneficial ownership as of the record date.
Despite the positive news surrounding the token announcement, Crypto.com’s native token has experienced a downturn, falling to $0.089 on Tuesday. This drop comes amid a broader retracement in the cryptocurrency market, with CRO witnessing an 11% decline over the past week alone.
