TL;DR:
- Truth Predict allows trading on elections, interest rates, and sports using internal rewards converted into CRO.
- Integrated with Crypto.com Derivatives North America and sister platforms like Truth+ and Truth.Fi.
- Beta release coming soon, with national and international expansion planned under regulatory oversight.
Trump Media & Technology Group announced the launch of Truth Predict, a new prediction market on Truth Social, allowing users to trade contracts based on real-world outcomes, including U.S. elections, interest rate decisions, and sporting events, reflecting market sentiment in real time.
Truth Predict Aims to Merge Social Engagement with Real-World Market Forecasting
The system will operate through Crypto.com Derivatives North America, a regulated CFTC exchange, enabling users to convert internal rewards, called “Truth gems,” into Cronos tokens (CRO) for trading, expanding the utility of platform rewards.
A beta version of Truth Predict will be released soon to ensure nationwide regulatory compliance, with plans for international expansion and integration with sister platforms such as Truth+ and Truth.Fi, providing a unified experience for users.
Trump Media CEO Devin Nunes emphasized that the platform aims to “democratize information” through actionable forecasting, while Crypto.com CEO Kris Marszalek highlighted its potential as a multi-billion-dollar market combining social engagement and data-driven predictions.
This initiative builds on Trump Media’s existing partnership with Crypto.com via the Trump Media Group CRO Strategy, Inc., a digital asset treasury vehicle created through a SPAC merger proposal, positioning the company as a pioneer in social media–driven financial innovation.
Truth Predict represents a strategic move for Trump Media, merging blockchain technology with social interaction, showcasing how prediction markets can complement existing platforms and provide users with innovative ways to engage with real-world events.
