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Trump’s Truth Social, Crypto.com Scrap Prediction Market Plan

Trump’s Truth Social, Crypto.com Scrap Prediction Market Plan

Trump Media and Technology Group (NASDAQ: DJT) and Crypto.com are abandoning a plan that would have made Trump’s Truth Social the first social media platform to directly integrate prediction markets.

Trump Media Truth Social prediction market
A mobile device shows the App Store download page for Truth Social. Trump Media and Crypto,com halted a prediction market plan. (Image: Shutterstock)

The decision is part of a wider alteration of the relationship between the media enterprise bearing the president’s name and the cryptocurrency brokerage firm. Crypto.com and Trump Media are also dropping plans to establish a digital asset treasury (DAT) company that would have purchased billions of dollars of CRO, a cryptocurrency established for use on the Cronos…

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