An interesting development: Donald Trump Media & Technology Group (DJT) plans to team up with Crypto.com to create something new. The plan is to issue a new digital token to shareholders, supported by Crypto.com's Cronos blockchain.

How exactly will the distribution work? Each ultimate beneficial owner will receive a corresponding number of tokens based on the number of whole DJT shares they hold. These tokens also have some utility — holders may periodically receive rights or discounts related to products like Truth Social, Truth+, and Truth Predict within a year.

However, a few points need clarification: this digital token does not represent ownership of Trump Media or any other entity; the tokens may be non-transferable and not exchangeable for cash, making them somewhat restrictive; and only the ultimate beneficial owners holding DJT shares on the designated record date will receive the tokens. Overall, this is a token scheme tied to shareholder rights.