“The Truth Social parent said it will issue a new digital token on Crypto.com’s Cronos blockchain, with shares and crypto prices rising following the announcement.”, — write: www.coindesk.com
The token will be issued using Crypto.com’s Cronos blockchain. Trump Media said in a press release that once the program launches, each shareholder would receive one token for every whole share of DJT held.
Token holders may also periodically receive rewards throughout the year, including potential benefits or discounts tied to Trump Media’s products, such as Truth Social, the Truth+ streaming service and Truth Predict, the company said.
US president Donald Trump is the majority owner of Trump Media and Technology and has spoken favorably about the crypto industry in 2025, stating in November that he wants the US to become a “bitcoin superpower.”
“We look forward to utilizing Crypto.com’s blockchain technology and improving regulatory clarity to implement this first-of-its-kind token distribution, reward Trump Media shareholders, and promote fair and transparent markets,” CEO and chairman Devin Nunes said in a statement.
Shares of Trump Media rose in pre-market trading, with DJT up to $12.97, a gain of 3.18%. Crypto.com’s native token, CRO, initially jumped 3.8% following the announcement before giving back some of those gains.
Trump Media said additional details about the token distribution are expected to be announced in the new year.
KuCoin captured a record share of centralized exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the broader crypto market.
- KuCoin recorded over $1.25 trillion in total trading volume in 2025equivalent to an average of roughly $114 billion per monthmarking its strongest year on record.
- This performance translated into an all-time high share of centralized exchange volumeas KuCoin’s activity expanded faster than aggregate CEX volumeswhich slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly spliteach exceeding $500 billion for the year, signaling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activityreinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activityindicating structurally higher user engagement rather than short-lived volume spikes.
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Builders on Base are pushing back against the network’s close alignment with Zora, arguing the creator-coin narrative sidelines established projects.
- Base has seen a surge in creator-coin issuance via Zora, with daily token mints surpassing Solana in August, boosting onchain activity and attention.
- Some Base-native projects say marketing and social support has become narrowly focused on Zora-linked initiatives, leaving other established communities without recognition.
- While Base continues to process more than 10 million transactions per day, critics warn that deteriorating builder sentiment could push projects toward rival chains like Solana or Sui.
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