Donald Trump's social-media company is getting into the prediction markets business, where record betting is attracting a host of new entrants.
Trump Media & Technology Group plans to make prediction contracts available on Truth Social, allowing users to bet on events ranging from political elections to inflation-rate changes, as per a statement Tuesday. Initial testing of the service, called Truth Predict, will start "in the near future," it added.
The initiative adds to recent efforts by Trump Media to capitalise on its retail following and comes just after trading volume on the leading marketplaces, Polymarket and Kalshi, hit a fresh record. Truth Predict will use Crypto.com Derivatives North America to enable prediction wagers.
Trump Media & Technology Group plans to make prediction contracts available on Truth Social, allowing users to bet on events ranging from political elections to inflation-rate changes, as per a statement Tuesday. Initial testing of the service, called Truth Predict, will start "in the near future," it added.
The initiative adds to recent efforts by Trump Media to capitalise on its retail following and comes just after trading volume on the leading marketplaces, Polymarket and Kalshi, hit a fresh record. Truth Predict will use Crypto.com Derivatives North America to enable prediction wagers.
You may also like
Severe cyclonic storm 'Montha' weakens over coastal Andhra, to maintain intensity during next 6 hours: IMD
'Aggressive' monkey carrying COVID, hepatitis C escapes after truck crash in Mississippi; University denies claims, says they are 'not infectious'
The top 5 best TV series releases of 2025 named
Another October ouster: Mehli Mistry's Tata exit echoes an old rift
No tampering with Sec 118 of tenancy law, opposition misleading people: Himachal Minister Negi
