Trump’s Platform Truth Social to Enter Prediction Markets, Betting on Real-World Events

Donald Trump’s social media venture, Truth Social, is expanding beyond political commentary into real-world event betting. The Trump Media and Technology Group (TMTG) announced that users will soon be able to place wagers on the outcomes of political, economic, sports, and entertainment events directly through the app.

New Venture with Crypto.com Partnership

The new feature is being launched in collaboration with Crypto.com, allowing users to bet on events such as U.S. elections, changes in interest or inflation rates, and global commodity prices. In addition, fans will be able to place predictions on outcomes from major sports leagues. The integration is expected to boost TMTG’s engagement levels and open a new revenue stream for the platform, which has been struggling to expand its user base and income sources.

How Prediction Markets Work

Prediction markets differ from traditional gambling platforms. Instead of placing cash bets, users buy contracts that act as financial instruments tied to specific outcomes. A correct prediction leads to a payout, while an incorrect one results in a loss. These markets are overseen by the Commodity Futures Trading Commission (CFTC), rather than by state gambling regulators. Such a setup positions them closer to financial speculation than casino-style betting, making them legally distinct from online gambling.

Rising Trend and Regulatory Attention

Prediction markets are witnessing rapid growth worldwide. Earlier this month, Intercontinental Exchange, the operator of the New York Stock Exchange, invested $2 billion in Polymarket, one of the sector’s leading platforms. Analysts say the surge in popularity among younger users has prompted regulatory scrutiny due to concerns about speculative addiction and potential financial risks.

Exam Oriented Facts

• Truth Social is owned by Trump Media and Technology Group (TMTG).
• Prediction markets are regulated by the U.S. Commodity Futures Trading Commission (CFTC).
• TMTG reported $1.7 million in revenue and a $51.7 million loss in the first half of 2025.
• Crypto.com is partnering with TMTG to power Truth Social’s betting feature.

Challenges and Financial Context

The expansion into prediction markets comes as TMTG faces mounting pressure to generate sustainable revenue. Despite branching into cryptocurrency-linked products and launching a video streaming service, its earnings remain minimal. With the new betting model, Truth Social aims to capitalise on user engagement while navigating complex financial and ethical debates surrounding prediction markets. Whether the move proves a calculated strategy or a risky gamble will depend on how regulators and users respond in the months ahead.