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Donald Trump’s Truth Social makes foray into prediction markets

Trump Media has partnered with Crypto.com Derivatives North America to make Truth Social the first social media platform offering prediction markets. Through ‘Truth Predict’, users can trade contracts on elections, interest rates, commodities, and major sports events in real time

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Truth Social is the first social media platform into prediction markets. Pic/Truth Social

Truth Social is the first social media platform into prediction markets. Pic/Truth Social

US President Donald Trump’s media firm Trump Media announced on Tuesday a partnership with Crypto.com | Derivatives North America (CDNA) to make Truth Social the first social media platform to offer prediction markets.

The company said with the new product technology known as ‘Truth Predict’, users of the platform will be able to trade prediction contracts pertaining to significant events and milestones, including political elections, changes in interest and inflation rates, commodity prices for gold and crude oil, events in all major sports leagues, and more. 

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