Trump Media has confirmed that February 2 will be the official date used to decide which shareholders will receive its upcoming digital reward token.
The initiative is aimed at giving stockholders an additional benefit unrelated to traditional dividends or equity rights.
Anyone holding at least one share of Trump Media as of that date, whether listed as a beneficial owner or a registered holder, will qualify for the distribution. The company shared these details in an announcement released on January 20.
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Once the eligibility date passes, Crypto.com will handle the technical process. According to Trump Media, the exchange will create the tokens, record them on the blockchain, and store them safely until they are delivered to shareholders.
This initiative follows Trump Media’s December 31 statement, when the company first announced plans to introduce a shareholder-focused token.
Trump Media, which operates the Truth Social platform linked to US President Donald Trump, has since clarified that the token is not a security and does not grant ownership rights.
The token will also not be tradable or convertible into money or other financial rewards.
However, shareholders who receive it may occasionally access benefits, such as discounts on Trump Media products and services, including Truth Social, at various times throughout the year.
Meanwhile, Jupiter
