Truth Predict: Trump’s Social Network Enters Prediction Market Industry
Trump Media and Technology Group (TMTG), the parent company of Truth Social, has announced plans to launch a prediction market platform called Truth Predict. Developed in partnership with Crypto.com, the new service aims to “democratize information” for Truth Social’s 6.3 million users.
From social media to financial markets
The announcement came on **October 28**, marking Truth Social’s first major expansion beyond social networking. Truth Predict will allow users to make forecasts and place wagers on a wide range of real-world events — from elections and sports to financial outcomes — using digital assets.
According to TMTG, the platform will leverage blockchain-based transparency to ensure fair market mechanics and verifiable data outcomes. Early marketing materials describe the project as a **“trust-based information marketplace”** integrating social sentiment with real-time prediction data.
Partnership with Crypto.com
Truth Predict is being developed in collaboration with **Crypto.com**, which will provide the exchange infrastructure, liquidity, and custodial services for on-chain transactions. The partnership underscores a broader effort by both companies to integrate social engagement and decentralized finance.
Crypto.com’s involvement also gives Truth Predict a regulatory advantage, given the exchange’s licensing in multiple jurisdictions and experience with consumer crypto products.
Riding the global boom of prediction markets
The move places Truth Social in direct competition with established players such as **Kalshi** and **Polymarket**, both of which have seen significant growth in trading volumes during 2024–2025. Prediction markets — platforms that allow users to bet on the outcomes of future events — have become a key intersection of finance, data analytics, and social sentiment.
Analysts estimate that the global market for decentralized prediction platforms could surpass **$10 billion** by 2027, driven by increased adoption in political forecasting and event-based derivatives.
Political and regulatory implications
Given Truth Social’s ties to former U.S. President **Donald Trump**, the project is expected to attract heightened scrutiny from regulators and political observers. Critics have already raised concerns about potential conflicts of interest if prediction markets related to U.S. elections are listed on the platform.
However, TMTG representatives emphasized that Truth Predict will adhere to “strict compliance frameworks” and may initially restrict access to certain categories of events to avoid regulatory complications.
A strategic move for TMTG’s ecosystem
For Truth Social, the launch of Truth Predict represents a major step toward diversifying its business model. By integrating blockchain-based financial tools into its platform, TMTG aims to evolve from a politically oriented social network into a **Web3-enabled media and fintech ecosystem**.
If successful, Truth Predict could transform Truth Social from a content-sharing platform into an active marketplace where information, sentiment, and capital flow in real time — blending the dynamics of finance, media, and decentralized technology.
Outlook
Analysts expect the beta version of Truth Predict to go live in early 2026, following internal testing and regulatory reviews. Whether the platform becomes a credible competitor to Polymarket or Kalshi will depend on its liquidity depth, transparency, and ability to attract both casual users and professional traders.
Regardless of political opinions, Truth Predict marks one of the most ambitious attempts yet to fuse **social media influence with financial prediction markets** — a combination that could reshape how people interact with both information and value in the digital age.
Editorial Team — CoinBotLab