Trump media firm dives into red hot prediction markets with Crypto.com
The company that owns the Trump family’s media properties plans to incorporate prediction markets into Truth Social, the social media site that President Donald Trump launched in 2022.
On Tuesday, Trump Media & Technology Group announced it has partnered with Crypto.com to develop a new product called “Truth Predict,” which is slated to launch in the near future, according to a statement. A spokesperson for Crypto.com did not immediately respond to a request for comment about the specific timeline.
Prediction markets are exchanges where people can bet on the outcome of events. The prices of the outcomes reflect people’s forecasts, which can be more accurate than traditional forecasting methods. Truth Social users will be…
