Key Takeaways
- Trump Media is launching Truth Predict, a real-time event trading feature on Truth Social via a partnership with Crypto.com Derivatives North America.
- Truth Social users can trade on major events and convert in-app Truth gems to CRO digital currency for use in prediction contracts.
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Trump Media, which operates Truth Social, has entered into an exclusive partnership with Crypto.com to launch a new product, Truth Predict, making it the first social media platform to offer prediction markets, the companies announced on Tuesday.
These markets will allow users to trade contracts on various events like political elections and sports. The integration aims to provide a federally compliant platform for users to engage with and discuss market predictions, utilizing real-time data for various events.
This is a developing story. Please come back for further updates.