Truth Social Launches Prediction Markets Through Crypto.com Partnership

The new feature, called “Truth Predict,” will allow users to bet on real-world events through a partnership with Crypto.com’s derivatives exchange.

What Truth Predict Offers

Truth Predict will let users trade contracts on major events including political elections, Federal Reserve decisions, commodity prices, and sports games. The platform uses Crypto.com Derivatives North America (CDNA), which is registered with the Commodity Futures Trading Commission (CFTC), making it federally compliant.

Prices will update in real-time, allowing users to react instantly to breaking news and current events. Truth Social users who earn “Truth gems” by interacting with the platform can convert these rewards into CRO tokens to purchase prediction contracts.

Trump Media’s Strategy

Trump Media CEO Devin Nunes said the move aims to “democratize information” and give everyday Americans access to markets traditionally controlled by what he called “global elites.” The company reported over $3 billion in financial assets and recently posted its first quarter of positive cash flow since going public.

“Truth Predict will allow our loyal users to engage in prediction markets with a trusted network while harnessing our social media platform to provide unique ways for users to discuss and compare their predictions,” Nunes stated in the official announcement.

The Crypto.com Connection

This prediction markets launch builds on an existing partnership between Trump Media and Crypto.com. In August 2025, the companies announced a $6.4 billion deal to create Trump Media Group CRO Strategy, a digital asset treasury company focused on acquiring CRO tokens.

Source: @cryptocom

Trump Media purchased 684.4 million CRO tokens worth $105 million, making it one of the largest CRO holders globally. The company already uses CRO for its rewards system on Truth Social and Truth+, where premium subscribers can convert earned points into cryptocurrency.

Booming Prediction Markets Industry

Truth Social is entering a rapidly growing market. Prediction market platforms Kalshi and Polymarket combined for a record $1.44 billion in trading volume during September 2025. The industry now sees combined volumes exceeding $20 billion across major platforms.

Crypto.com CEO Kris Marszalek called prediction markets “a multi-deca-billion dollar industry” and said the partnership “aligns perfectly with what users look for in social media—a community to engage with and seek truth.”

Regulatory Landscape

Truth Predict enters the market at a time when prediction platforms face mixed regulatory environments. Kalshi operates as a CFTC-regulated exchange in the United States, while Polymarket is working to re-enter the U.S. market after exiting in 2022 following a settlement with the CFTC.

Massachusetts recently filed a lawsuit against Kalshi, accusing the platform of illegally operating sports betting without proper licenses. However, the CFTC has taken a softer approach under the current administration, dropping investigations against Polymarket earlier this year.

Launch Timeline and Market Impact

Truth Predict will begin beta testing “in the near future” on Truth Social, followed by a full U.S. launch. The company plans international expansion after meeting regulatory requirements in other countries.

Following the announcement, Trump Media’s stock rose 4.4% in premarket trading, while CRO increased 4.9% over 24 hours. Truth Social had approximately 6.3 million users as of January 2025, giving the platform a smaller but potentially highly engaged user base for its prediction markets feature.

The Big Picture

The launch represents Trump Media’s continued expansion from social media into financial technology. The company operates Truth Social, the Truth+ streaming platform, and plans to launch Truth.Fi, a financial services brand.

By combining social media with prediction markets, Truth Social aims to turn user engagement into actual market participation. If successful, the platform could establish a new model where social discussions and financial predictions happen in the same space—creating what some analysts call “prediction-driven social finance.”

The move puts Trump Media in direct competition with established prediction market platforms while leveraging its existing social media infrastructure and crypto partnerships to offer a unique integrated experience.