Truth Social is set to become the world’s first social media platform to provide prediction market trading, following a new agreement with Crypto.com’s regulated exchange, CDNA. This integration enables users to trade contracts on election results, inflation rates, commodity prices, and sports outcomes in real time.
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Truth Social plans to embed prediction market capabilities directly into its platform. This integration will allow users to trade contracts on political outcomes, economic events, and global sports—all in real time.
Democratizing Access to Prediction Markets
At the center of this initiative is “Truth Predict,” a new product enabling users to buy and sell contracts tied to the outcomes of major events such as elections, inflation changes, commodity prices, and sports results.
Users will watch prices shift instantly, enabling dynamic reactions to live developments around the world. Nunes emphasized the broader vision to disrupt markets historically controlled by concentrated financial elites, framing the move as an effort to empower everyday Americans and transform free speech into actionable insights.
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Truth Social has positioned itself financially to support this growth, reporting over $3 billion in financial assets and a positive operating cash flow quarter since its recent public listing.
The partnership with Crypto.com’s regulated arm, CDNA, ensures the offering complies with U.S. federal regulations. Users will access contracts covering politics, finance, economics, and sports through a streamlined and secure integration. Kris Marszalek, CEO of Crypto.com, noted, “Prediction markets are poised to be a multi-deca-billion dollar industry,” emphasizing the alignment between the community-driven nature of social media and market sentiment analysis.
Rewards Integration and Future Plans
In addition to standard purchases, Truth Social and its streaming service Truth+ will enable users to convert platform-earned Truth gems into the Cronos (CRO) cryptocurrency. These tokens will then be applied to buying prediction contracts, further linking social engagement to financial participation.
The service will reportedly begin with Beta testing in the United States soon, followed by a full launch and plans for a global rollout once regulatory prerequisites are met.
This move expands on a recent partnership between Trump Media and Crypto.com to incentivize user activity with CRO rewards and follows an ongoing plan to form a digital asset treasury company through a business combination with Yorkville Acquisition Corp.
