Trump Media & Technology Group (TMTG), co-founded by U.S. President Donald Trump, is expanding its digital footprint by introducing a new feature that blends social media with prediction markets.
According to an official statement on Tuesday, Truth Social has teamed up with leading cryptocurrency exchange Crypto.com to launch a new prediction market platform called Truth Predict.
“Global elites have long dominated information and market access. With Truth Predict, we’re giving the power back to everyday Americans—transforming free speech into collective insight,” said Devin Nunes, CEO of Trump Media & Technology Group.
Truth Social steps into the booming prediction market sector
The move comes as interest in online prediction markets continues to surge worldwide, with platforms such as Kalshi and Polymarket paving the way for retail participation in event-based forecasting.
Launched in 2022, Truth Social has grown to more than 6.3 million users as of early 2025—still far behind social giant X (formerly Twitter), which reportedly surpassed 650 million users, according to SEO.ai data.
Beta testing coming soon
TMTG confirmed that Truth Predict will enter beta testing directly within the Truth Social platform “in the near future.” After the testing phase, the company aims for a full-scale U.S. rollout, marking its official entry into the prediction market space.
However, similar platforms have faced regulatory obstacles in the U.S. market. Kalshi recently filed a lawsuit against the New York State Gaming Commission, alleging the agency exceeded its authority by halting its operations under claims of illegal betting.
Meanwhile, Polymarket, which had previously suspended U.S. services in 2022 following a settlement with the Commodity Futures Trading Commission (CFTC), is preparing to make a comeback. The CFTC and the Department of Justice have since closed their investigations—signaling a more relaxed regulatory stance toward crypto and blockchain ventures under the Trump administration.
Adding further intrigue, Donald Trump Jr., executive vice president of the Trump Organization, joined Polymarket’s advisory board in August, highlighting the family’s growing presence in the digital assets and prediction market ecosystem.
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