Trump Media to Join With Crypto.com in Prediction Market Push

In brief

  • Trump Media and Technology Group, in which President Donald Trump is a majority stakeholder, is working with Crypto.com to debut a prediction market.
  • Truth Predict, users will allow users to put money on sports games, elections, and other events.
  • A Nevada judge this month denied Crypto.com’s injunction request to block state gaming regulations in a regulatory setback for the Singapore-based firm.

U.S. President Donald Trump’s media company will unveil a prediction market with Crypto.com, according to an announcement Tuesday, adding to a growing market fueled by consumers’ desire to bet on events. 

Trump Media and Technology Group said that the platform, Truth Predict, will be available to users of Truth Social. Truth Social is…

Source link