Core Insights - Trump Media & Technology Group is set to launch a prediction market feature called Truth Predict on its platform Truth Social, in collaboration with Crypto.com [1][2] - The feature will allow users to bet on various outcomes, including elections and sports events, aiming to democratize information and empower users [3][2] - Truth Predict will utilize Crypto.com's native token, CRO, for trading event contracts, and will also allow conversion of in-app reward tokens into CRO [4][5] Company Developments - Truth Predict is expected to begin beta testing soon, with a full launch planned for the U.S. and subsequent global availability [5] - The partnership with Crypto.com is not new, as CRO has been used as a utility token on Truth Social and its streaming service, Truth+ [6] Industry Context - Prediction markets have gained popularity, especially during the last presidential election, with platforms like Polymarket and Kalshi seeing significant betting volumes [7] - Truth Predict will position Trump Media in competition with established platforms like Polymarket and Kalshi, where Donald Trump Jr. is an adviser [8]
Trump Family Delves Deeper Into Crypto With Truth Social Prediction Market Feature