Trump Media & Technology Group announces Truth Predict, a prediction market feature for Truth Social in partnership with Crypto.com, allowing users to bet on elections and sporting events. Beta testing to begin soon, with CRO token required for trading. CRO price spiked 6% on the news. Trump Media aiming for a full U.S. launch.

Prediction markets gained popularity during last year’s presidential election, with leading platforms Polymarket and Kalshi reaching a record monthly volume of $1.44 billion last month. Donald Trump Jr. serves as an adviser to both Polymarket and Kalshi. Trump Media’s Truth Predict feature puts them in competition with these platforms, aiming to democratize information and empower users.

Read more at Yahoo Finance: Trump Family Delves Deeper Into Crypto With Truth Social Prediction Market Feature