Trump Media rises on plans to distribute new digital token

Reuters

Trump Media rises on plans to distribute new digital token

** Trump Media and Technology Group's shares rise 5.7% to $13.3 premarket ** Co announces plans to distribute a new digital token to its shareholders in partnership with Crypto.com** "Trump Media anticipates that, beginning in the near future, each ultimate beneficial owner will be eligible to receive one of the new digital tokens per whole share of DJT," the company says** Various rewards, which may include discounts or benefits tied to Trump Media products, will also be available to token holders throughout the year ** Up to last close, stock had fallen 63% YTD