Truth Social Partners With Crypto.com, Establishing a Trump Family Connection to Every Major Predictions Platform

Crypto.com has announced a deal with Trump Media and Technology Group Corp. to link the social media platform Truth Social to Crypto.com’s prediction markets. Truth Social will be the first social media site to offer users direct access to prediction market contracts embedded into its platform. However, it’s the last of the three major prediction market brands to establish direct ties to the President and his family. Its main rivals, Polymarket and Kalshi, both count Donald Trump Jr. as an advisor.

The legality of event contracts on election and sports outcomes has progressed in leaps and bounds since Trump took office. During President Biden’s term, the Commodity and Futures Trading Commission (CFTC) had been investigating the prediction exchanges. However, all those investigations were dropped following a change in leadership at the CFTC, which has since issued a joint statement with the Securities Exchange Commission indicating a willingness to “embrace innovation.”

Devin Nunes, chairman and CEO of Trump Media, was excited to announce the arrangement:

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 went on to mention the strong financial quarter for Trump Media, after just a year of going public, with more $3 billion in assets.

A recent Reuters investigation found that over 90% of the Trump family’s 2025 income — some $802 million — has come from crypto ventures, mostly sales of tokens through World Liberty Financial. Last week, crypto tech company Alt5 Sigma fired its CEO after the decision to invest billions in $WLFI worried investors, coinciding with a crash in the company’s share prices.

Truth Predict: More Direct Integration Than Grok and Polymarket

Truth Social users will get access to a new product called “Truth Predict,” allowing direct, on-platform trading of contracts related to several major global events and commodities such as gold or crude oil, using Crypto.com’s technology.

Although Elon Musk’s X also has a deal to integrate Polymarket data into its Grok AI assistant, that deal doesn’t include on-platform trading.

There will also be markets available for major sports leagues. Prediction markets continue to test the waters in that space. Regulators have begun to push back on that, though, so things will come to a head at some point in the near future, likely in the courts.

The booming potential of prediction markets only continues to grow as Crypto.com CEO and co-founder Kris Marszalek laid out:

Prediction markets are poised to be a multi-deca-billion dollar industry.”

Trump Connections With Prediction Markets

Trump Media and the Trump family now have several interests in the prediction market world. Kalshi named Donald Trump Jr. strategic advisor in January. He is also on the advisory board of Polymarket as of August. Although some smaller predictions brands are beginning to pop up, those three cover all the big names in the game, at least until DraftKings gets involved.

Trump Jr. politicized Kalshi and the prediction market business when he was named advisor by saying on X:

On Election night at Mar-a-Lago, while biased outlets called the race a coin toss, my family and close friends used the prediction market @Kalshi to know we won hours ahead of the fake news media.

I immediately knew I had to contribute to their mission. Today, I am proud to announce that I am joining Kalshi as a strategic advisor.

The Kalshi team has worked hard, sued the Biden administration, and achieved the impossible feat of becoming the first legal prediction market in the US. I’m excited to be a part of what they’re building.”

With this new Truth Social connection to Crypto.com, the Trump family now have slices of the pies at each of the three major prediction market providers.

Image Credit: Gage Skidmore via Wikimedia Commons (license)