Trump Media & Technology Group, the parent company of Truth Social, has announced that February 2 will be the record date for its upcoming shareholder digital token. Any investor holding at least one full share of DJT stock by that date will qualify to receive the token. However, investors classified as objecting beneficial owners may need to update their brokerage settings or transfer their shares to a Direct Registration System account to participate.
The token will be non-transferable and cannot be traded or exchanged for cash. Borrowers of DJT shares will also be ineligible for the airdrop. The company has said that token holders will receive perks such as discounts for Trump Media services, including Truth Social, the streaming platform Truth+, and the market prediction app Truth Predict.
The airdrop will be executed in partnership with Crypto.com, which will mint the tokens and manage custody on the Cronos blockchain. Over the past year, the partnership between Trump Media and Crypto.com has expanded. Crypto.com powers Truth Media’s fintech products and integrates digital wallet infrastructure into the Truth Social ecosystem. The company also plans to use Cronos (CRO) as a utility token for platform subscriptions and service payments.
The partnership has drawn scrutiny from lawmakers, as Crypto.com’s parent company spent millions on lobbying and political contributions linked to Trump’s reelection campaign. The SEC previously investigated Crypto.com but closed the case in March 2025.
Trump Media is moving further into the crypto space, emphasizing that these tokens are not digital shares or securities. Instead, they are designed to provide blockchain utility for the company’s media and fintech products while avoiding regulatory classifications.
The company is also involved in a SPAC merger with Yorkville Acquisition Corp. to launch the Trump Media Group CRO Strategy, which will accumulate CRO tokens and support the Cronos ecosystem. Additionally, Trump Media is developing cryptocurrency ETFs and building out Truth Predict, a decentralized prediction market under its Truth.Fi fintech brand.
Shares of DJT were trading around $13.91, up slightly, while Cronos (CRO) fell to $0.09. This move comes as Wall Street increasingly embraces tokenization, highlighting Trump Media’s effort to integrate blockchain into its products in a way that benefits shareholders without triggering traditional securities rules.
