Crypto.com Prediction Markets to be marketed to Truth Social users

Digital assets platform operator Crypto.com and Trump Media & Technology Group Corp (NASDAQ:DJT) have announced changes to their previously announced prediction market integration.

Rather than develop a direct prediction market integration on Truth Social, the companies will pivot to a marketing agreement under which Crypto.com’s prediction markets experiences will be marketed to the Truth Social user base.

Kevin McGurn, Interim CEO of TMTG said,

“Our strategic focus is to drive revenue across Truth Social, continue to build our global media business, and close the merger with TAE. This marketing agreement better aligns with our priorities and will put Crypto.com’s prediction market experiences in front of a highly engaged digital audience.”

Crypto.com, like other leading crypto exchange companies, has been making a big push to expand its product portfolio outside of digital assets. The company recently hired OKX alum Iskandar Vanblarcum to head its Prediction Markets unit.

About Crypto.com

Founded in 2016, Crypto.com is trusted by millions of users worldwide and is the industry leader in regulatory compliance, security and privacy. Our vision is simple: Cryptocurrency in Every Wallet™. Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation and development of new use cases including prediction markets and tokenized RWAs.