Trump Media and Technology Group (TMTG), the company behind Truth Social, announced plans to introduce a prediction markets feature in partnership with the crypto exchange Crypto.com. The new product, called Truth Predict, will let users place market-based forecasts on a wide range of outcomes—such as elections, economic indicators, and sports events—directly within the Truth Social platform.
The rollout will begin with a beta phase, followed by a broader launch in the U.S., according to the company.
Meanwhile, TMTG said the new feature aims to bring users a more interactive experience around public events. It will offer contracts that track potential outcomes, allowing users to engage in forecasting within a familiar social environment.
Devin Nunes, CEO of TMTG, said the product will add a new layer to the platform’s utility:
“Truth Predict will allow our loyal users to engage in prediction markets with a trusted network while harnessing our social media platform to provide totally unique ways for users to discuss and compare their predictions.”
Truth Social currently reports a user base of 6.3 million. By comparison, X (formerly Twitter) had an estimated 650 million users at the start of 2025. The prediction tool is positioned as a way to bring financial forecasting and social conversation together.
CRO Price Rallies on News
Shortly after the announcement, Cronos (CRO), the token linked to Crypto.com, saw a sharp increase in price. It climbed more than 10% in one hour, reaching $0.16, based on data from CoinGecko. Market capitalization also moved closer to $6 billion.
Source: CoinGecko
This is not the first time Trump Media has influenced CRO’s market movement. In September, the company revealed plans to acquire 2% of CRO’s total supply—more than 685 million tokens—valued at over $100 million. That move was part of a broader strategy involving Crypto.com and Yorkville to launch a digital asset treasury, which may eventually hold up to 19% of CRO’s total supply.
Crypto.com CEO Kris Marszalek commented on the long-term outlook for the sector:
“Prediction markets are poised to be a multi-deca-billion dollar industry.”
He added that Crypto.com has positioned itself among the most trusted players in the space.
Prediction Market Regulation Remains a Key Factor
While Truth Predict is expected to focus on the U.S. market, existing prediction platforms continue to face regulatory challenges. Kalshi, a major name in the space, recently filed a lawsuit against New York regulators after receiving a cease-and-desist order. The company argued that the state misclassified its contracts as unauthorized betting products.
Polymarket, another blockchain-based prediction market, is working to re-enter the US after a 2022 settlement with the Commodity Futures Trading Commission (CFTC). Since then, regulators have closed investigations into the company, suggesting a shift in enforcement priorities.
Donald Trump Jr., who serves as executive vice president of the Trump Organization, joined Polymarket’s advisory board earlier this year, further connecting blockchain-based forecasting tools with high-profile political figures.
According to TMTG, Truth Predict will begin beta testing directly on the Truth Social platform “in the near future.” A full rollout across the U.S. is planned after this testing phase.
The addition of prediction markets is part of a larger strategy to expand the platform’s features beyond social media. TMTG said it aims to build a space where users can combine open discussion with active participation in event forecasting, using blockchain tools as the backend for contract settlement.
