Trump Media company announces plans to award shareholders digital tokens

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Trump Media and Technology Group, majority-owned by President Donald Trump, announced plans on Wednesday to award shareholders digital tokens in partnership with Crypto.com, a cryptocurrency exchange based in Singapore. The company's shares saw a small increase following the announcement. Shareholders will receive one token for every whole share they own, with the tokens becoming available in the near future. Token holders will have access to benefits and discounts related to Trump's social media platform, Truth Social, and its streaming platform, Truth+. This move aligns with President Trump's broader agenda to promote cryptocurrency and establish the U.S. as a leading "crypto capital."
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