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Truth Social has introduced a new feature called Truth Predict, built with Crypto.com, allowing users to wager on real-world outcomes using cryptocurrency. The system runs on CDNA’s event-contract model, offering Americans a regulated way to place small bets on everything from politics to sports results. The launch follows a turnaround year for Trump Media & Technology Group (TMTG), which now reports about $3 billion in assets and its first profitable quarter since going public.
With Truth Predict, users can convert in-app Truth gems into Cronos (CRO) tokens to participate in prediction contracts. Reports indicate that TMTG holds n early 700 million CRO tokens, reinforcing its ongoing partnership with Crypto.com.
Truth Predict’s core idea is to turn user opinions into measurable market opportunities. CEO Devin Nunes said the platform aims to “return prediction markets to the people” after years of institutional control. He described the feature as part of Truth Social’s effort to connect open discussion with real-time financial participation.
Each market appears as a simple question, such as “Will Taylor Swift release a new song by October 2?” or “Will Barcelona win the UEFA Champions League?” Users place small stakes through regulated event contracts, with returns determined by actual outcomes. The design combines legal compliance with public engagement, allowing users to act on beliefs within a secure system.
Prediction markets have grown significantly in number and size during the 2024 U.S. election cycle. Platforms like Polymarket and Kalshi have successfully managed billions in trading volume and gained valuations in the billions. The success these markets achieved has drawn even bigger names like DraftKings and the NHL to the world of speculation, though they have mainly been studying the possibilities.
Truth Predict now enters this field, bridging public conversation with market participation. Supporters say prediction markets often reveal sentiment more accurately than traditional polling, since users commit real value to their opinions. A limited beta rollout will begin in the U.S., followed by a gradual global expansion if demand grows.
The move comes amid a changing climate for U.S. crypto regulation. Since President Trump’s return to office, federal agencies have slowed their enforcement against digital-asset firms. In July, Bloomberg reported that the Department of Justice quietly closed its investigation into Polymarket without filing charges.
That decision signaled a more lenient stance on prediction platforms, clearing the way for regulated innovation. With that backdrop, Truth Predict’s entry could reshape how Americans interact with both markets and media. By linking open expression with blockchain-based finance, it reflects a broader trend redefining participation in the digital economy.
Truth Social’s partnership with Crypto.com marks its entry into the growing prediction market industry. With Truth Predict, users can turn opinions into tradable insights using CRO tokens. As regulations ease and participation expands, the platform could transform how Americans balance free expression with digital finance and blockchain-based wagering.
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