Trump Media & Technology Group (DJT) is expanding its social empire (again) and diving headfirst into the world of prediction trading-a market worth over $20 billion! 🎯 What could possibly go wrong?
They’ve just announced a new partnership that will bring prediction markets directly into Truth Social, powered by Crypto.com Derivatives North America (CDNA), a CFTC-registered exchange. Who knew predicting the future could be so regulated, right? 🤔
Trump Media is About to Predict… EVERYTHING!
The snazzy new “Truth Predict” feature will let users on Truth Social buy and sell contracts tied to real-world events. From U.S. elections and Federal Reserve decisions to sports results and the price of gold-because who doesn’t want to bet on whether Tom Brady will retire again next year? 🏈
It’s like taking your dinner party arguments and turning them into money-making opportunities! In case you’re wondering, this makes Truth Social the first social network to offer federally regulated event contracts. Hooray for regulation! 🎉
“Truth Predict will allow our loyal users to engage in prediction markets with a trusted network, while also using our platform to create wild, unhinged predictions and discuss them to no end,” read a quote from Devin Nunes, Chairman and CEO of Trump Media. We paraphrased. 😎
Prediction markets have been absolutely blowing up in 2025, with combined volumes soaring past $20 billion across platforms like Polymarket and Kalshi. Polymarket’s got the crypto side covered, while Kalshi’s ruling the regulated U.S. markets. Now, Trump’s jumping into the ring with a twist-a perfect mix of regulation and, well, chaos! 💥
Truth Social’s “Truth Predict” will kick off in beta testing in the U.S. before spreading like wildfire across the globe. 🔥
Oh, and get this-users who rack up “Truth gems” by interacting on Truth Social and Truth+ (their streaming platform, because of course there’s a streaming platform now) will be able to convert them into Crypto.com’s Cronos (CRO) token. You can use those gems to buy prediction contracts. I know, right? What’s next-prediction-based crypto farming? 🌱
Kris Marszalek, CEO of Crypto.com, is clearly thrilled about this. “Prediction markets are about to be HUGE! Combining regulated trading with social engagement makes Truth Predict a game-changer for market sentiment,” he said. Right. Because nothing says ‘market sentiment’ like arguing with strangers on the internet. 😂
“Prediction markets are poised to be a multi-deca-billion-dollar industry. Combining regulated trading with social engagement makes Truth Predict a powerful tool for market sentiment,” Marszalek added. (We’re still skeptical of ‘market sentiment’-anyway!)
For Trump Media, this is a big leap from a conservative social platform to a full-on fintech juggernaut, bringing together streaming, payments, and now, speculative trading. They say they’re worth over $3 billion in financial assets-hope those numbers are right. 💸
So, what could this mean for the 2026 midterms? Well, if Truth Predict catches on, we might see voters and retail investors alike putting their money where their mouths are, turning political opinions into financial bets. 🤔
In conclusion, Trump’s latest move could monetize belief itself. Who needs politicians when you can bet on their every move instead? Welcome to the future of politics. 🍿
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2025-10-28 17:17