Trump Media to enter prediction markets business

Core Insights - Trump Media and Technology Group is set to launch prediction markets on its social media platform Truth Social through a partnership with Crypto.com, indicating a strategic move into event-driven markets [1] Company Developments - The introduction of prediction markets on Truth Social represents an expansion of the platform's offerings, potentially attracting a new user base interested in market predictions [1] Industry Trends - The partnership with Crypto.com highlights the growing trend of integrating cryptocurrency and blockchain technology into social media platforms, reflecting a broader industry shift towards decentralized finance and user engagement through innovative financial products [1]