TLDR Trump Media sets February 2, 2026, as the record date for token distribution. Shareholders holding at least one DJT stock share on February 2 will be eligibleTLDR Trump Media sets February 2, 2026, as the record date for token distribution. Shareholders holding at least one DJT stock share on February 2 will be eligible

Trump Media Announces February 2 as Record Date for Token Rewards Program

TLDR

  • Trump Media sets February 2, 2026, as the record date for token distribution.
  • Shareholders holding at least one DJT stock share on February 2 will be eligible for tokens.
  • Tokens may unlock rewards such as discounts tied to Trump Media products.
  • Crypto.com will mint and hold the digital tokens before distribution to eligible holders.

Trump Media has officially announced that February 2, 2026, will be the record date for its upcoming digital token distribution. This marks a key step in the company’s plan to reward shareholders with blockchain-based tokens.

Those who own at least one whole share of Trump Media’s DJT stock as of this date will be eligible to receive tokens and potential associated benefits. Crypto.com, a key partner of Trump Media, will mint the tokens and hold them in custody until they are distributed to qualifying shareholders.

This initiative is part of Trump Media’s ongoing expansion into the blockchain and fintech space. The company has been focused on creating various digital assets tied to its platforms, such as Truth Social, Truth+, and Truth.Fi. The tokens offered will not represent any equity in the company but may unlock various incentives, such as discounts on the company’s products.

Shareholder Eligibility for Token Distribution

Trump Media’s recent announcement clarifies who will be eligible to receive the upcoming tokens. Shareholders who hold at least one full share of DJT stock on the record date of February 2 will be entitled to the digital token. This includes both ultimate beneficial owners and registered holders of shares.

The company has also urged shareholders to confirm their status as “non-objecting beneficial owners” (NOBO) with their brokers to ensure they can receive the token. Shareholders may also consider moving their shares to a Direct Registration System (DRS) account with Odyssey Transfer & Trust Company to prevent delays in receiving the tokens.

The firm expects the token distribution to promote transparency in its shareholder base, helping the company to obtain a clear picture of ownership as required by the Securities and Exchange Commission (SEC). The tokens themselves will not be transferable, meaning shareholders cannot exchange them for cash. However, they may be used to unlock various perks associated with Trump Media’s products.

Role of Crypto.com in the Token Distribution

Crypto.com plays a significant role in the minting and custody of the digital tokens. According to Trump Media’s announcement, Crypto.com will mint the tokens and retain custody of them until they are distributed to eligible shareholders. This collaboration is in line with Trump Media’s goal to use blockchain technology for a more transparent and secure shareholder engagement process.

The tokens are expected to be launched on Crypto.com’s blockchain platform. The company also mentioned that the rewards program would offer benefits related to Trump Media’s platforms. Shareholders may receive periodic incentives throughout the year, though details regarding specific rewards will be provided at a later date.

Trump Media’s CEO, Devin Nunes, expressed the company’s excitement about using Crypto.com’s blockchain technology to benefit shareholders. He emphasized that this initiative would allow for greater transparency while helping the company stay in compliance with SEC guidance.

Limitations of the Digital Token

While the tokens may offer benefits tied to Trump Media’s platforms, it is important to note that they will not represent any ownership or profit-sharing interests in the company. Trump Media has made it clear that the tokens are not transferable or redeemable for cash, and the benefits associated with them are limited to Trump Media products.

The company reserves the right to change or terminate the token distribution at its discretion, without prior notice. Additionally, shareholders should note that the digital tokens will not be available to individuals who have borrowed stock or those who do not meet the eligibility criteria on the record date.

This reward system is an innovative move by Trump Media to engage its shareholders and potentially offer more utility for its digital and fintech offerings. However, as with any new initiative, investors are encouraged to stay informed about the full details of the token distribution, which will be provided closer to the record date.

The post Trump Media Announces February 2 as Record Date for Token Rewards Program appeared first on CoinCentral.

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