Trump Media Launching Truth Predict Prediction Market

Trump Media & Technology Group is launching Truth Predict, a prediction-market product embedded in Truth Social and developed with Crypto.com that will let users bet on elections, inflation, commodities and major sports leagues. Truth Predict will begin U.S. beta testing before planned global expansion and will allow users to wager with real money or by converting Truth Gems into cryptocurrency. The platform will use Crypto.com’s North America derivatives infrastructure and market-analysis tools, including Likely, to offer a regulated trading environment and strategy optimization. The announcement comes amid a boom in prediction markets — with weekly trading volumes around $2 billion — and growing investor interest and regulatory scrutiny after instances of suspicious betting patterns. TMTG says it aims to “democratize information” and plans to leverage Truth Social’s audience to become a major player in the sector.