Trump Media and Technology Group is launching a new feature called Truth Predict, bringing prediction markets to its social media platform Truth Social through a strategic partnership with Crypto.com.
Quick Summary – TLDR:
- Trump Media teams up with Crypto.com to launch Truth Predict, a prediction market on Truth Social.
- Users will soon be able to forecast outcomes on politics, sports, economics, and more.
- The platform aims to democratize access to betting-style forecasting previously limited to elite institutions.
- This move positions Trump Media alongside industry leaders like Kalshi and Polymarket in the booming prediction market space.
What Happened?
On Tuesday, Trump Media announced that it is entering the rapidly growing prediction market sector with the help of crypto giant Crypto.com. The upcoming product, Truth Predict, will allow users of Truth Social to engage in event-driven forecasting through a platform that combines social interaction with decentralized finance tools.
Breaking: Truth Social is revolutionising social media.
— Al Bert (@Albert_TheVoid) October 28, 2025
Exclusive partnership with https://t.co/6z6fYQze38 launches “Truth Predict” – the world’s first prediction markets on a platform. Bet on elections, rates, gold/oil, sports & more. Earn Truth gems, convert to CRO crypto.… pic.twitter.com/BPkobvbe6J
Truth Predict: Betting on the Future
Prediction markets are online platforms where users can place wagers on the outcome of future events. These can range from political elections and economic indicators to sports results and commodity price shifts. Unlike traditional sportsbooks where users bet against the house, prediction markets let users bet directly against each other, often producing more accurate forecasts than traditional polls.
With Truth Predict, Trump Media is positioning its platform as a new player in this fast-growing space, offering Americans a way to put their predictions into action. Users will be able to forecast events like presidential elections, inflation trends, gold and oil prices, and major sports matchups.
Devin Nunes, CEO of Trump Media, emphasized the mission behind the new product, stating:
Growing Momentum for Prediction Markets
The launch comes at a time when the prediction market sector is gaining significant traction. In early October, the parent company of the New York Stock Exchange invested $2 billion in Polymarket, signaling major institutional interest. Kalshi, another leading platform, has also seen massive growth and funding in recent months.
Industry analysts believe that prediction markets are on track to become a multi-deca-billion dollar industry, driven by the convergence of sports betting, financial speculation, and blockchain innovation.
Key developments:
- Polymarket is valued at $9 billion and Kalshi at $5 billion.
- Sportsbooks like DraftKings are starting to embrace the prediction market model.
- Crypto.com’s token CRO surged 6% on the Truth Predict announcement.
Inside the Trump Media and Crypto.com Partnership
This isn’t the first time Trump Media has partnered with Crypto.com. Earlier this year, the two entered into a deal involving a $6 billion purchase of the Cronos (CRO) token, integrating Crypto.com’s wallet and token infrastructure into Trump Media platforms.
The current collaboration will involve Truth Social, streaming service Truth+, and financial tech division Truth.Fi, working alongside Crypto.com Derivatives of North America.
Beta testing of Truth Predict is set to begin soon for U.S. users, followed by a full rollout. The service is also expected to go global once regulatory requirements are met.
Despite the enthusiasm, some critics are skeptical. They argue that prediction markets risk becoming “digital casinos”, especially if not tightly regulated.
SQ Magazine Takeaway
I think this move is a smart play by Trump Media. By jumping into prediction markets, they’re not just following a trend, they’re planting a flag in one of the most buzzed-about sectors of digital finance. Prediction markets are no longer fringe tech. They’re going mainstream fast, and this could give Truth Social a real edge and relevance beyond politics. Whether you’re a fan of Trump or not, this shows his media arm knows where attention and opportunity are moving.
