Sarasota, Florida – October 28, 2025 – In a bold move blending social discourse with financial speculation, Trump Media & Technology Group Corp. (Nasdaq, NYSE Texas: DJT), the parent company of President Donald Trump's flagship social platform Truth Social, announced an exclusive partnership with Crypto.com on Tuesday. The collaboration introduces "Truth Predict," a groundbreaking feature that positions Truth Social as the world's first social media platform to embed federally compliant prediction markets directly within its interface.
The announcement, detailed in a GlobeNewswire press release, comes at a time when prediction markets are surging in popularity, with industry leaders like Kalshi and Polymarket reporting combined trading volumes exceeding $1.44 billion in September alone. According to Crypto.com CEO Kris Marszalek, these markets are "poised to be a multi-deca-billion dollar industry," and the integration with Truth Social aims to democratize access by fusing real-time social engagement with regulated trading tools. Marszalek emphasized the synergy: "We're thrilled to combine with Truth Social to support the world's first prediction markets available from a social media platform. This aligns perfectly with what users look for in social media—a community to engage with and seek truth."
Under the agreement, Truth Social users will gain seamless access to event contracts provided by Crypto.com | Derivatives North America (CDNA), a Commodity Futures Trading Commission (CFTC)-registered exchange and clearinghouse. This ensures full federal compliance, addressing regulatory hurdles that have long plagued crypto-native platforms like Polymarket. The "Truth Predict" technology enables trading on a wide array of outcomes, including political elections—such as midterm congressional races or state governorships—Federal Reserve interest rate decisions, inflation metrics, commodity prices for gold and crude oil, and pivotal moments in major sports leagues like the NFL, NBA, and MLB playoffs.
Prices for these prediction contracts will update in real-time, allowing users to pivot instantly based on breaking news or live events. For instance, during a heated presidential debate or a surprise economic report, traders could buy "yes" or "no" shares on outcomes, with payouts determined by resolution data from trusted oracles. Trump Media highlighted that the feature will harness the platform's social tools for "totally unique ways for users to discuss and compare their predictions," potentially turning viral threads into interactive betting pools.
Devin Nunes, Chairman and CEO of Trump Media, expressed enthusiasm in the statement: "We are thrilled to become the world's first publicly traded social media platform to offer our users access to prediction markets. 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." Nunes, a former U.S. Congressman from California, has steered the company since its inception, focusing on expanding beyond traditional media into fintech and blockchain innovations.
A key innovation lies in the rewards ecosystem. Truth Social and its companion streaming service, Truth+, already award users "Truth gems" for activities like posting, commenting, and viewing content. These points can now be converted into Cronos (CRO), Crypto.com's native token, which users can then apply toward purchasing prediction contracts. This builds on a prior strategic alliance between the firms, including Trump Media's acquisition of nearly 700 million CRO tokens and the integration of Crypto.com's digital wallet for rewards. As of the second quarter of 2025, Trump Media reported over $3 billion in financial assets and its first quarter of positive operating cash flow since going public in March 2024 via a SPAC merger, underscoring its growing financial stability.
Beta testing for Truth Predict is slated to commence "in the near future" on Truth Social, with a full U.S. rollout to follow. Global expansion is planned once international regulatory approvals are secured, potentially tapping into Crypto.com's presence in over 90 countries. Early reactions on X (formerly Twitter) were swift and polarized. Crypto enthusiasts hailed it as a "game-changer for mixing prediction trading with crypto," noting a 4.9% intraday spike in CRO's price. Meanwhile, others shared visuals of the announcement, amplifying its reach among blockchain communities. Critics, however, raised concerns about potential conflicts of interest, given President Trump's vocal pro-crypto stance and his administration's recent push for a U.S. strategic Bitcoin reserve.
This partnership is the latest chapter in Trump Media's aggressive pivot toward technology and finance. Founded in 2021 amid Trump's ban from mainstream platforms like Twitter and Facebook following the January 6 Capitol riot, Truth Social launched in 2022 as a "free speech" haven for conservatives. Today, it boasts approximately 6.3 million monthly active users, a figure that pales in comparison to X's 550 million but remains fiercely loyal. The company also operates Truth+, a streaming service offering on-demand content like documentaries and live events, and Truth.Fi, a fintech arm focused on digital payments and investments.
Just four months ago, in June 2025, Trump Media ventured into telecommunications with the unveiling of T1 Mobile, a mobile virtual network operator (MVNO) licensed under The Trump Organization. Announced at a glitzy event at Trump Tower in New York City by Donald Trump Jr. and Eric Trump, T1 Mobile promised "top-tier connectivity, unbeatable value, and all-American service." The service, which runs on T-Mobile's network and is managed by Florida-based Liberty Mobile Wireless, offers the "47 Plan"—a nod to Trump's dual numbering as the 45th and 47th president—at $47.45 per month for unlimited talk, text, and data. Perks include U.S.-based call centers, telemedicine consultations via the Doctegrity app, roadside assistance, and device protection.
Complementing the plan was the T1 Phone, a $499 Android-based smartphone marketed as "sleek, gold, and engineered for performance." Initially touted for U.S. manufacturing with features like a 6.8-inch AMOLED display, 16-megapixel selfie camera, biometric scanning for health metrics, and an etched American flag on its case, the device sparked immediate buzz—and skepticism. Pre-orders opened in June, with shipments promised for August, but delays ensued. By October, the launch had been pushed to "later this year," and claims of domestic production were quietly scrubbed from the website after analysts highlighted the scarcity of U.S. smartphone factories. Reports from outlets like Wired and 404 Media pointed to website glitches during pre-orders, including billing errors and renders that suspiciously resembled off-the-shelf models like the Wingtech Revvl 7 Pro 5G sold by T-Mobile. A deleted promotional image even drew a tongue-in-cheek "lawsuit incoming" post from phone case maker Spigen, after its logo appeared unaltered beneath the superimposed Trump branding. Despite the hiccups, T1 Mobile has attracted thousands of sign-ups, appealing to patriots seeking alternatives to "Big Tech" carriers.
On the cryptocurrency front, Trump Media has doubled down. In early June 2025, the company filed an S-1 registration with the U.S. Securities and Exchange Commission (SEC) for the Truth Social Bitcoin ETF, sponsored by partner Yorkville America Digital and custodied by Crypto.com. Less than two weeks later, on June 16, it followed up with a filing for the Truth Social Bitcoin & Ethereum ETF, proposing a 3:1 allocation ratio between the two assets—three bitcoins for every ethereum token. These moves align with the broader crypto bull run, where Bitcoin hovered around $107,850 and Ethereum at $2,640 as of the filing date, buoyed by institutional inflows into spot ETFs from giants like BlackRock's iShares Bitcoin Trust, which manages $72.5 billion. ETF analyst Bryan Armour of Morningstar noted the competitive landscape: "It will be a challenge for any new entrant," but Trump Media's political branding could carve a niche among retail investors skeptical of Wall Street incumbents.
The filings include exclusivity clauses tying Crypto.com as the sole custodian and liquidity provider, with fees yet to be disclosed. In the event of a blockchain fork, the trusts would abandon incidental rights to avoid shareholder claims, a standard but cautious measure. These ETF pursuits come amid President Trump's administration establishing a national crypto reserve and easing digital asset regulations, though they have drawn scrutiny from Democrats like Sen. Elizabeth Warren over potential insider trading risks tied to the Trump family's business interests.
Analysts view the Crypto.com partnership as a natural extension of this ecosystem. By embedding prediction markets, Truth Social could boost user retention and monetization, especially ahead of the 2026 midterms, where political bets could drive traffic. "Combining regulated trading with social engagement makes Truth Predict a powerful tool for market sentiment," Marszalek stated, hinting at untapped potential in "wisdom of the crowd" forecasting. For Crypto.com, valued at over $3 billion post its 2021 SPAC debut, the deal enhances its U.S. footprint in derivatives, a segment where CDNA has emerged as a trusted player.
Yet, challenges loom. Prediction markets have faced SEC crackdowns in the past, and integrating them with a platform known for unmoderated political content raises questions about misinformation influencing trades. Privacy advocates worry about data sharing between social profiles and financial histories, while competitors like X under Elon Musk may accelerate their own fintech features in response.
As Trump Media's stock (DJT) climbed 4.4% in pre-market trading on Tuesday—mirroring CRO's gains—the announcement underscores a broader Trump family strategy: leveraging the brand's polarizing appeal to disrupt tech silos. From real estate to reality TV to the White House and now fintech frontiers, the Trumps continue to redefine boundaries. Whether Truth Predict becomes a hit or a hurdle remains to be seen, but one thing is certain: it's turning "free speech into actionable foresight," as Nunes put it, in ways that could reshape how Americans bet on—and banter about—the future.
