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Fintech

Trump Media to launch prediction markets on Truth Social platform

Summary generated with AI, editor-reviewed
Heartspace News Desk
Source: Reuters
TL;DR

Trump Media & Technology Group will incorporate prediction markets into Truth Social via a partnership with Crypto.com. This integration will start with a beta test in the U.S. and then expand globally upon meeting regulatory standards, allowing users to potentially profit from forecasting outcomes in sports, politics, and economics.

Key takeaways

  • Trump Media and Technology Group is partnering with Crypto
  • com to integrate prediction markets into its social media platform, Truth Social, according to a Reuters report
  • The collaboration will commence with a beta test on Truth Social in the coming weeks, followed by a full launch within the United States
Trump Media and Technology Group is partnering with Crypto.com to integrate prediction markets into its social media platform, Truth Social, according to a Reuters report. The collaboration will commence with a beta test on Truth Social in the coming weeks, followed by a full launch within the United States. Trump Media intends to expand the service globally upon satisfaction of all necessary regulatory and operational requirements. Prediction markets allow users to potentially profit by accurately forecasting outcomes across diverse categories, including sports, political events, and economic indicators.

Related Topics

Trump MediaTruth Socialprediction marketssocial mediafintech

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