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Truth Social to feature prediction markets with Crypto.com partnership
Truth Social partners with Crypto.com to offer regulated crypto prediction markets, targeting major events with over $3 billion in assets backing Trump Media, starting U.S. beta soon.
- Trump Media & Technology Group announced a partnership with Crypto.com to launch prediction markets on Truth Social, which has led to an increase in shares.
- Users can trade contracts related to various events, including elections and sports, as per the press release.
- Prediction markets are gaining popularity and will compete with existing platforms like Polymarket, which poses a risk to traditional sports betting firms.
- Devin Nunes, CEO of TMTG, stated that Truth Predict aims to democratize information and empower everyday Americans with actionable insights.
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Truth Social will allow its users to play on "elections, inflation, interest rates", or matches "of all the great championships" American, according to a press release.
·Paris, France
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Total News Sources61
Leaning Left5Leaning Right9Center8Last UpdatedBias Distribution41% Right
Bias Distribution
- 41% of the sources lean Right
41% Right
L 23%
C 36%
R 41%
Factuality
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