Truth Social Expands Into Prediction Markets With Crypto.com Collaboration
Trump Media & Technology Group (TMTG), the parent company of Truth Social, is entering the prediction markets space through a new partnership with Crypto.com, signaling a strategic move to blend social engagement with decentralized finance.
The new feature, called “Truth Predict,” will allow Truth Social’s 6.3 million users to participate in prediction-based markets directly from the platform. The company said the initiative aims to “democratize information” and enable users to turn opinions into “actionable foresight.”
“For too long, global elites have controlled these markets — with Truth Predict, we’re giving everyday Americans the ability to harness the wisdom of the crowd,” said TMTG CEO Devin Nunes in the official announcement.
Truth Predict Targets Booming Market Sector
The launch comes as the global prediction market industry continues to grow rapidly, led by platforms such as Kalshi and Polymarket. These markets let users place positions on real-world outcomes ranging from elections to economic indicators — and are increasingly viewed as a modern form of sentiment analysis in both finance and politics.
Since its launch in 2022, Truth Social has gained a modest but engaged user base compared to X (formerly Twitter), which has over 650 million active users. Still, analysts note that Truth Predict could serve as a powerful tool for engagement, especially as prediction markets attract regulatory clarity in the United States.
According to the statement, beta testing for Truth Predict will begin soon, with a full-scale U.S. launch expected later this year.
Regulatory Landscape and Competitive Outlook
While Truth Social prepares to enter this space, existing players have faced regulatory pushback. Kalshi recently filed a lawsuit against the New York State Gaming Commission after being accused of unlicensed betting operations, while Polymarket only recently resumed U.S. operations after a 2022 settlement with the Commodity Futures Trading Commission (CFTC).
However, industry observers note that regulatory sentiment has softened under the Trump administration. In a symbolic move, Donald Trump Jr. joined Polymarket’s advisory board in August, signaling growing political interest in blockchain-based prediction models.
A New Era for Social Media and Crypto Integration
Truth Social’s collaboration with Crypto.com reflects a broader trend of integrating Web3 and social platforms, combining financial incentives with community engagement. The partnership allows Crypto.com to provide the infrastructure for secure settlement and compliance, while Truth Social brings the audience.
“This is not just about betting — it’s about creating a transparent, data-driven marketplace of opinion,” Nunes emphasized.
If successful, Truth Predict could transform Truth Social into more than just a social media platform — potentially positioning it as a hub for real-time crowd intelligence, blending politics, finance, and blockchain innovation in one ecosystem.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.