Trump Media & Technology Group (TMTG), the parent company of Truth Social, has entered the prediction markets sector in partnership with Crypto.com, aiming to diversify its revenue streams and capitalize on its politically engaged community.
Launching today, the new feature — Truth Predict — will allow users to wager on outcomes of elections, sports events, and commodity prices directly through Truth Social. Crypto.com’s infrastructure will power these markets, offering liquidity and regulatory backing as a CFTC-registered exchange.
TMTG, which trades publicly under DJT, says the move expands its focus beyond advertising and subscriptions into event-based finance.
CEO Devin Nunes said the platform would make Truth Social the first publicly listed social media firm to offer prediction markets, framing it as an effort to “democratize information” and let users benefit from the “wisdom of the crowd.”
Nunes also noted TMTG’s strong balance sheet, citing $3 billion in financial assets at Q2 close.
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