Source: Cryptonews
Original Title: Trump Media announces record date for shareholder token airdrop
Original Link:
Overview
Trump Media & Technology Group (DJT) has officially set February 2, 2026, as the record date for its first-of-its-kind digital token initiative. This date will determine eligibility for the airdrop: any individual who owns at least one whole share of Trump Media stock and is classified as a beneficial owner or registered holder will be eligible to receive the non-transferable crypto token.
Partnership and Token Details
Trump Media has partnered with a leading cryptocurrency custodian to handle the minting and custodying of the token on the blockchain. The company first unveiled plans for the digital tokens on December 31, touting it as a non-tradeable shareholder reward token that does not represent ownership in the company or any financial stake.
Instead, the token will function as a utility token that grants holders access to periodic benefits and discounts tied to Trump Media products such as Truth Social, Truth+, and Truth Predict.
The company initially stated the distribution would occur at a 1:1 ratio (one token per DJT share), though specific allocation details are still forthcoming.
“We look forward to leveraging blockchain technology consistent with Securities and Exchange Commission guidance to benefit our shareholders and promote transparency, including by obtaining a clear picture of bona fide beneficial ownership as of the record date,” Trump Media CEO and Chairman Devin Nunes stated.
Trump Media shares rose over 7% on Monday following the announcement, though gains were largely given up by market close.
Broader Blockchain Integration Strategy
Trump Media is steadily incorporating blockchain technology within its ecosystem. The company is involved in a strategic partnership to form an entity aimed at accumulating tokens and supporting the expansion of a major blockchain ecosystem.
Recent reports also indicated the company is developing a market prediction platform and several cryptocurrency exchange-traded funds as part of its fintech division.
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NullWhisperer
· 9h ago
ngl, feb 2026 record date... that's quite the runway. theoretically exploitable if snapshot mechanics aren't locked down tight. audit findings suggest most airdrop implementations have this exact vulnerability—need further review on their smart contract tbh. interesting edge case either way
Reply0
WhaleShadow
· 9h ago
It's the same old trick again—airdrops to attract retail investors, and then? Just wait to get cut off.
View OriginalReply0
ser_ngmi
· 9h ago
Ha, another token airdrop. Can this one be cashed out?
View OriginalReply0
ConfusedWhale
· 9h ago
Wait, Trump Media is doing a token airdrop? That won't happen until February 2026. I have to wait more than a year to see the show.
View OriginalReply0
MerkleTreeHugger
· 9h ago
Wait, DJT is about to airdrop tokens? This move is a bit interesting, gotta see how it plays out later.
Trump Media announces record date for shareholder token airdrop
Source: Cryptonews Original Title: Trump Media announces record date for shareholder token airdrop Original Link:
Overview
Trump Media & Technology Group (DJT) has officially set February 2, 2026, as the record date for its first-of-its-kind digital token initiative. This date will determine eligibility for the airdrop: any individual who owns at least one whole share of Trump Media stock and is classified as a beneficial owner or registered holder will be eligible to receive the non-transferable crypto token.
Partnership and Token Details
Trump Media has partnered with a leading cryptocurrency custodian to handle the minting and custodying of the token on the blockchain. The company first unveiled plans for the digital tokens on December 31, touting it as a non-tradeable shareholder reward token that does not represent ownership in the company or any financial stake.
Instead, the token will function as a utility token that grants holders access to periodic benefits and discounts tied to Trump Media products such as Truth Social, Truth+, and Truth Predict.
The company initially stated the distribution would occur at a 1:1 ratio (one token per DJT share), though specific allocation details are still forthcoming.
“We look forward to leveraging blockchain technology consistent with Securities and Exchange Commission guidance to benefit our shareholders and promote transparency, including by obtaining a clear picture of bona fide beneficial ownership as of the record date,” Trump Media CEO and Chairman Devin Nunes stated.
Trump Media shares rose over 7% on Monday following the announcement, though gains were largely given up by market close.
Broader Blockchain Integration Strategy
Trump Media is steadily incorporating blockchain technology within its ecosystem. The company is involved in a strategic partnership to form an entity aimed at accumulating tokens and supporting the expansion of a major blockchain ecosystem.
Recent reports also indicated the company is developing a market prediction platform and several cryptocurrency exchange-traded funds as part of its fintech division.