Trump Media and Crypto.com Launch Truth Predict on Truth Social
- Truth Social becomes the first social media platform to offer native prediction markets.
- Trump Media’s partnership with Crypto.com expands its reach into the crypto and fintech sectors.
- Prediction markets surpass $2B in weekly volume as regulators ease key restrictions.
Trump Media & Technology Group (TMTG), the parent company of Truth Social, announced plans to introduce a new prediction market feature called “Truth Predict.” The platform, developed in partnership with Crypto.com’s U.S. derivatives division, will allow users to trade on outcomes of political elections, Federal Reserve decisions, sports games, and commodity prices.
The feature will operate under federal regulations through a Commodity Futures Trading Commission (CFTC)-registered exchange. According to TMTG Chief Executive Officer Devin Nunes, Truth Predict aims to “empower everyday Americans” by combining social interaction with real-time event forecasting.
The initiative makes Truth Social the first social media platform to integrate prediction markets, linking social interaction with financial involvement. Testing is also expected to begin in the United States soon and will be expanded internationally when regulatory approval is granted.
Executives cast the product as a way to pair conversation with market odds. “We are thrilled to become the world’s first publicly traded social media platform to offer our users access to prediction markets,” said Devin Nunes, TMTG chair and CEO. Kris Marszalek, Crypto.com CEO, called prediction markets a “multi-deca-billion” opportunity and said the partnership fits how communities use social platforms.
The platform will enable Truth Social users to convert in-app rewards, known as “Truth Gems,” into Crypto.com’s native CRO tokens, allowing them to participate in prediction contracts.
Trump Media Expands Truth Social into Crypto and Financial Markets
The partnership deepens TMTG’s relationship with Crypto.com. In August, TMTG signed a multibillion-dollar agreement to purchase CRO tokens, a move that boosted the token’s market value. TMTG’s move into prediction markets aligns with its diversification strategy beyond social media.
CDNA, which also operates under the Crypto.com name, is a CFTC-registered exchange and clearinghouse. On Sept. 30, 2025, the CFTC amended CDNA’s designation to allow margined futures cleared through registered FCMs, bolstering the compliance pathway for Truth Predict.
Trump Media & Technology Group also filed an amendment with the SEC for a new Bitcoin exchange-traded fund. The proposed spot-Bitcoin ETF is called the Truth Social Bitcoin ETF. After announcing its first profitable quarter and holding over $3 billion in assets, it joins platforms like Polymarket and Kalshi in a sector with weekly trading volumes over $2 billion.
Related: Trump Media Joins Crypto.com in $6.42B CRO Strategy Deal
Regulatory Shifts in Prediction Markets
The launch of Truth Predict marks a notable increase in regulatory clarity for the prediction market industry as a whole in the US. Earlier this year, the Commodity Futures Trading Commission settled its legal battles with Kalshi and Polymarket, which eased constraints on election-related contracts. The development has also boosted investment and innovation in the sector.
Furthermore, Donald Trump Jr., who advises both Polymarket and Kalshi, has become a prominent industry figure. His venture capital firm, 1789 Capital, invested in Polymarket, and Intercontinental Exchange, which owns the New York Stock Exchange, revealed plans to invest as much as $2 billion in the platform.
Despite its rapid growth, the industry remains subject to legal challenges. Several states are still debating whether gambling laws cover prediction markets for sports outcomes. Furthermore, Crypto.com recently applied for a U.S. bank charter and resolved an earlier investigation by the Securities and Exchange Commission. However, Crypto.com recently suspended operations in Nevada because of an ongoing dispute between the company and state regulators.
