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Trump Media and Technology Group is teaming up with Crypto.com to enter the fast-growing world of prediction markets. The new partnership reflects President Donald Trump’s broader push to position the United States as a global leader in digital finance, combining blockchain, social media, and event-based trading.
Good to Know
Under the deal, Trump Media and Crypto.com will jointly develop Truth Predict, a prediction platform built into Truth Social. Users will be able to buy and sell contracts tied to real-world outcomes—from elections and sports to entertainment events.
Trump Media chairman and CEO Devin Nunes said in a statement:
“We are thrilled to become the world’s first publicly traded social media platform to offer our users access to prediction markets.”
He added that the feature will let Truth Social’s community “engage in prediction markets with a trusted network while using our platform to discuss and compare their predictions.”
The partnership arrives as prediction markets draw attention from both investors and regulators. Platforms like Polymarket and Kalshi have seen a rise in user engagement and funding, with more traders betting on political and cultural outcomes. Analysts say the collaboration between a major social network and a crypto exchange could accelerate mainstream adoption of on-chain markets.
However, the project is not without controversy. Representative Ro Khanna of California, vice chair of the Congressional Progressive Caucus, said he would explore options to restrict President Trump and his family from participating in cryptocurrency trading. His comments reflect growing concerns in Washington about conflicts of interest between digital assets and political power.
Crypto.com CEO Kris Marszalek said prediction markets could evolve into a “multi-deca-billion-dollar industry,” highlighting their long-term potential. Truth Predict is expected to begin beta testing before expanding across the United States.
The timing of the launch coincides with a broader revival of prediction markets in U.S. politics and finance. While Kalshi and Polymarket operate under regulatory watch, Trump Media’s entry connects prediction trading directly to a politically aligned social platform—a combination that could draw both heavy traffic and heightened oversight.
Truth Predict is a new feature inside Truth Social that will allow users to trade contracts on real-world events, from sports to elections.
The platform is a joint venture between Trump Media and Crypto.com, with both companies handling infrastructure and market access.
It will enter beta testing soon, followed by a nationwide rollout once regulatory clearance and technical integration are complete.
Some members of Congress are questioning whether President Trump or his family could personally benefit from crypto-linked ventures while holding public office.