Donald Trump's Truth Social Bets on Prediction Markets
Donald Trump’s media company teams up with Crypto.com to merge social media, fintech, and prediction trading in a move that could redefine online engagement.
Trump Media & Technology Group, the company behind US President Donald Trump’s social media platform Truth Social, has announced an expansion into prediction markets.
Through an exclusive partnership with Crypto.com | Derivatives North America (CDNA) – a CFTC-registered exchange and clearinghouse – Truth Social will become the world’s first social media platform to embed prediction markets directly into its user experience.
The new product, called «Truth Predict», will allow users to forecast outcomes on a vast array of topics – from US elections and interest-rate decisions to gold prices, inflation data, and even major sporting events – all updated in real time, according to a media release issued on Wednesday.
Turning Social Conversations Into Market Predictions
«Truth Predict will let our loyal users engage in prediction markets with a trusted network while harnessing our social media platform to provide totally unique ways to discuss and compare their predictions,» said Devin Nunes, Chairman and CEO of Trump Media.
With more than 3 billion dollars in financial assets and its first quarter of positive operating cash-flow after going public last year, Trump Media says it is well-positioned to scale its fintech ambitions. According to Nunes, the integration reflects the company’s mission to «democratize information» and empower users to turn free speech into «actionable foresight».
Federally Compliant Pathway
Through its partnership with Crypto.com’s CDNA unit, the new feature will operate within a federally compliant framework, giving US users legal access to event contracts on politics, economics, and financial markets.
CDNA’s regulated structure allows Truth Social users to participate seamlessly, bridging the gap between social commentary and capital markets.
Beta Launch in the US – Global Rollout to Follow
Truth Predict will soon enter Beta testing on Truth Social before a full US launch. Once regulatory requirements are met, Trump Media plans to roll out the service globally.
If successful, Truth Predict could mark a new era in how users interact with information online – blending real-time opinion, market sentiment, and financial participation in a single platform.
