- Trump Media & Technology Group will introduce a prediction markets feature, Truth Predict, to its Truth Social platform.
- The company is partnering with crypto.com | Derivatives North America (CDNA) to enable trading of prediction contracts on major events.
- Beta testing for Truth Predict is set to begin soon, with a full U.S. rollout and later plans for global availability.
- Users will be able to trade contracts on political, economic, and sporting events, as well as things like Gold and oil prices.
- According to Trump Media, the integration will make Truth Social the first social platform to embed prediction markets through a CFTC-registered exchange.
Trump Media & Technology Group Corp. announced it will launch a new feature called Truth Predict on its Truth Social platform. The update will allow users to trade prediction contracts on events ranging from elections to interest rates, and key sports outcomes.
The company said it is working with Crypto.com | Derivatives North America (CDNA), a Commodity Futures Trading Commission (CFTC)-registered exchange and clearinghouse, to deliver this technology. Truth Predict is expected to debut in beta form soon, followed by a full launch in the United States. Plans for expanding to other countries are set for a later date.
According to the announcement from Trump Media, “Truth Social will be the first social media platform to offer its users technology to access embedded prediction markets capabilities through CDNA.” The tool will cover predictions on elections, economic indicators like inflation and interest rates, commodity prices such as gold and crude oil, and major sports events.
Devin Nunes, CEO of Trump Media & Technology Group, stated, “For too long, global elites have closely controlled these markets — with Truth Predict, we’re democratizing information and empowering everyday Americans to harness the wisdom of the crowd, turning free speech into actionable foresight.”
The announcement comes amid rising activity in the prediction markets sector, with trading volumes reaching record highs at platforms like Polymarket and Kalshi, according to a report by Bloomberg. Trump Media shares have climbed nearly 2% in recent trading; however, the stock remains down 53% year-to-date and 59% across the past 12 months.
