Truth Social to Launch Prediction Markets via Partnership with Crypto.com

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Coinsholder 4 hours ago 137

KEY TAKEAWAYS

  • Trump Media partners with Crypto.com to launch prediction markets on Truth Social.
  • Truth Predict will allow users to trade contracts on political, economic, and commodity events.
  • The partnership includes a CRO ($0.16) rewards system and plans for a new business entity.

On October 28, 2025, Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT), the operator of Truth Social, announced an exclusive partnership with Crypto.com | Derivatives North America (CDNA) to introduce prediction markets on its platform. This collaboration will make Truth Social the first social media platform to offer embedded prediction market capabilities through a CFTC-registered exchange and clearinghouse.

Truth Social users will soon have the ability to trade prediction contracts on various events, including political elections, economic indicators like interest and inflation rates, and commodity prices such as gold and crude oil. The new feature, named “Truth Predict,” will provide real-time price updates, enabling users to respond promptly to significant developments.

Devin Nunes, Chairman and CEO of Trump Media, stated, “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.” He emphasized the company’s strong financial position, noting that Trump Media had over $3 billion in financial assets by the end of the second quarter and recently achieved its first quarter of positive operating cash flow.

The prediction markets will be accessible via CDNA, offering a federally compliant method to engage in event contracts across politics, economics, financials, and sports. Kris Marszalek, Co-Founder and CEO of Crypto.com, highlighted the potential of prediction markets, stating, “Crypto.com has quickly become one of the most trusted providers of prediction market services, and we’re thrilled to combine with Truth Social to support the world’s first prediction markets available from a social media platform.”

The integration is set to begin Beta testing on Truth Social soon, with a full launch planned for the United States. A global rollout will follow once all necessary requirements are met. Additionally, Truth Social and Truth+ users can convert their Truth gems into Cronos (CRO) digital currency to purchase Truth Predict contracts.

This initiative is part of a broader strategic partnership between Trump Media and Crypto.com, which includes a CRO rewards system on Truth Social and Truth+ platforms. The companies also announced plans to establish Trump Media Group CRO Strategy, Inc., following a proposed business combination with Yorkville Acquisition Corp, a special-purpose acquisition company.

For more information, visit the official announcement here.

Why This Matters: Impact, Industry Trends & Expert Insights

Truth Social’s partnership with Crypto.com to launch prediction markets marks a significant development in the integration of social media and financial trading platforms. This collaboration introduces a new dimension to user engagement by allowing the trading of prediction contracts on various events.

Recent industry reports indicate that prediction markets are experiencing significant growth, driven by blockchain and tokenization platforms. The integration of prediction markets into Truth Social aligns with this trend, enhancing utility in capital allocation and risk management.

As per insights from Token Metrics, prediction markets are playing a significant role in the crypto space, using blockchain technology to allow users to trade on event outcomes. This supports the impact of Truth Social’s new feature in expanding the scope and accessibility of prediction markets.


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The post Truth Social to Launch Prediction Markets via Partnership with Crypto.com appeared first on CoinsHolder.



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