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

Trump Media & Technology Group (TMTG), the parent company of Truth Social, announced on Tuesday a partnership with Crypto.com to launch a blockchain-based prediction market called Truth Predict.

The platform will allow users to trade on the outcomes of political, financial, and entertainment events, combining social media activity with decentralized trading. According to the announcement, Truth Predict will be integrated into the Truth Social app, giving its users access to event-based markets covering topics such as U.S. elections, cryptocurrency prices, and major sports events.

Trump Media Adds New Business Line

Trump Media and Technology Group is entering the prediction market sector through its partnership with Crypto.com. The company recently posted its first quarter of positive operating cash flow since going public last year.

In its statement, Trump Media said it manages more than $3 billion in financial assets and plans to use its Truth Social platform to host and promote Truth Predict. Users will be able to trade contracts based on real-world outcomes in politics, sports, and finance.

The company said the aim is to make prediction trading more accessible to the general public through its existing social media network.

Crypto.com After Nevada Court Ruling

Earlier this month, a Nevada judge denied Crypto.com’s request to block new state gaming regulations, clearing the way for tighter oversight of event-based trading platforms.

Soon after the ruling, Crypto.com and Trump Media announced their collaboration to build Truth Predict. The project gives Crypto.com access to a broad U.S. audience while offering Trump Media a new feature to engage its users within Truth Social.

Competing With Polymarket and Kalshi

Truth Predict will compete with existing platforms such as Polymarket and Kalshi, both of which let users trade on real-world events. Polymarket recently received a $9 billion valuation, underscoring the growing interest in this segment of digital finance.

Beta testing for Truth Predict will begin on Truth Social “in the near future,” followed by a full U.S. rollout and later expansion to international markets.

Trump Media Extends Partnership with Crypto.com

This collaboration follows earlier projects between the two companies. In March, Truth Social introduced a rewards program using Crypto.com’s wallet and its CRO token, later extending the system to the Truth+ streaming service.

The addition of Truth Predict builds on that partnership, linking Trump Media’s social platforms with new market-trading tools.

Rise of User-Based Prediction Platforms

Prediction markets have grown in visibility since the 2024 U.S. election, when users on platforms such as Polymarkettraded billions of dollars on political outcomes. These markets let participants buy and sell contracts tied to the likelihood of specific events.

Truth Predict will operate in the same space, with a built-in user base already active on Truth Social, where political and financial discussions are a major part of engagement.

Also Read: Crypto.com Files U.S. OCC Charter to Operate as National Trust Bank