Truth Social is expanding beyond just sharing thoughts and opinions – it’s soon launching features that will allow users to make financial transactions directly on the platform.
Crypto.com Joins Forces With Truth Social to Launch Social Prediction Markets
Trump Media and Technology Group, the parent company of Truth Social, Truth+, and Truth.Fi, announced an exclusive deal with Crypto.com’s Derivatives North America (CDNA), a CFTC-registered exchange and clearinghouse.
The partnership will make Truth Social the first social media platform to host built-in prediction markets through a feature called “Truth Predict”. Once live, users can trade event contracts tied to everything from election outcomes and interest-rate decisions to gold prices and sports championships.
The prices will update in real time, turning social chatter into tradable sentiment. Devin Nunes, Trump Media’s CEO, called the project a way to “democratize information” and “harness the wisdom of the crowd” — a poetic way of saying users can now literally bet on being right.
As a crypto investor, I was really interested to hear Crypto.com’s CEO, Kris Marszalek, talk about prediction markets. He thinks they could become huge – potentially a multi-billion dollar industry! He sees combining social interaction with actually predicting market outcomes as a really smart move. They’re starting with beta testing here in the U.S., and once they get the green light from regulators in other countries, they plan to expand globally.
As part of the integration, Truth Social users can convert “gems” earned for engagement into cronos (CRO) tokens to buy prediction contracts. The price of cronos (CRO) jumped by over 7% following the news.
The move lands just as prediction platforms like Polymarket and Kalshi see record growth in trading volume and mainstream attention. If Truth Predict catches on, it could fuse the dopamine rush of social feeds with the data-driven thrill of market speculation — where “likes” and “shares” suddenly have stakes.
FAQ
- What is Truth Predict?
Truth Predict is Truth Social’s new feature that lets users trade prediction contracts on real-world events. - Who is Truth Social partnering with?
Trump Media teamed up with Crypto.com’s Derivatives North America (CDNA) for the integration. - When does Truth Predict launch?
Beta testing will start in the U.S., followed by a full launch once regulatory approvals are complete. - Can users trade using crypto?
Yes. Truth Social “gems” can be converted into Cronos (CRO) tokens to buy Truth Predict contracts.
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2025-10-28 17:38