Trump Media Partners with Crypto.com to Launch Truth Predict on Truth Social

Trump Media & Technology Group (TMTG), the parent company of Truth Social, is expanding its business model into the world of prediction markets through a new partnership with Crypto.com.

The upcoming platform, dubbed Truth Predict, will allow Truth Social users to trade on real-world outcomes, from elections to sports events, directly within the app.

The initiative marks the first time a publicly traded social media company has embedded prediction market capabilities, combining financial speculation with online discourse in one ecosystem.

A social media platform that lets users bet on reality

According to an official statement released Tuesday, Truth Predict will be powered by Crypto.com’s North America Derivatives (CDNA) platform, a CFTC-registered exchange and clearinghouse, providing users with a federally compliant way to participate in event-based contracts.

Once fully launched, users will be able to predict outcomes related to politics, economics, financial markets, and major sports leagues, with prices adjusting in real time as events unfold.

Trump Media CEO Devin Nunes described the project as a step toward democratizing access to financial forecasting tools. “For too long, global elites have controlled these markets,” he said.

“With Truth Predict, we’re empowering everyday Americans to turn free speech into actionable foresight.” The feature is currently preparing for beta testing and will roll out to U.S. users first before expanding internationally once regulatory requirements are met.

The partnership integrates Crypto.com’s trading infrastructure with Truth Social’s user base, estimated at 6.3 million as of early 2025, creating what both companies describe as a bridge between social engagement and real-time market sentiment.

Participants will also be able to use Truth gems, the in-app engagement rewards, by converting them into Cronos (CRO) tokens to purchase Truth Predict contracts.

Prediction markets gain traction amid regulatory shifts

Truth Predict’s launch comes amid growing momentum in the global prediction markets sector, which has seen renewed interest following regulatory easing under the Trump administration.

Competing platforms like Kalshi and Polymarket have paved the way, though both have faced challenges operating within U.S. regulatory boundaries.

Kalshi recently sued the New York State Gaming Commission over alleged overreach, while Polymarket resumed U.S. operations after resolving a 2022 CFTC settlement.

Crypto.com CEO Kris Marszalek said the collaboration with Trump Media aligns with the company’s broader goal of merging social interaction and decentralized finance.

“Prediction markets are poised to become a multi-deca-billion-dollar industry,” he noted, emphasizing that combining a social media audience with compliant trading infrastructure could redefine how users engage with information.

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