Trump Media to enter prediction markets business

The collaboration, involving streaming platform Truth+, fintech brand Truth.Fi and exchange and clearinghouse Crypto.com, will begin beta testing live on Truth Social in the near future, followed by a full launch in the U.S.
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Trump Media plans to launch the service globally once all the requisite requirements are met.
Prediction markets allow users to profit from forecasting a wide range of events, including sports, entertainment, politics, and economic trends. Trading in these event-based contracts has gained momentum since last year’s U.S. presidential election.
And as interest grows, prediction markets are increasingly seen as a serious contender for broader acceptance in financial circles, with some experts touting them as more accurate than traditional polls, particularly in tightly contested scenarios.
Critics, however, argue that these markets are little more than