**Truth Social to Launch Prediction Market Trading in Partnership with Crypto.com’s Regulated Exchange, CDNA**
Truth Social is set to become the world’s first social media platform offering prediction market trading, following a new agreement with Crypto.com’s regulated exchange, CDNA. This integration allows users to trade contracts on a variety of major events, including election results, inflation rates, commodity prices, and sports outcomes—all in real time.
**Prediction Markets Meet Social Media**
With this partnership, Truth Social plans to embed prediction market capabilities directly into its platform. Users will be able to trade contracts on political outcomes, economic events, and global sports events, watching prices shift instantly to react dynamically to live developments worldwide.
At the heart of this initiative is “Truth Predict,” a new product that enables users to buy and sell contracts tied to the outcomes of major events such as elections, inflation changes, commodity prices, and sports results. This real-time access aims to democratize participation in markets traditionally dominated by concentrated financial elites.
**Empowering Everyday Americans**
Nunes, a key spokesperson for this effort, emphasized the broader vision behind Truth Predict: disrupting markets historically controlled by financial elites and empowering everyday Americans. He framed the move as a way to transform free speech into actionable insights through market participation.
**Strong Financial Position and Regulatory Compliance**
Truth Social has positioned itself financially to support this growth, reporting over $3 billion in financial assets and maintaining positive operating cash flow since its recent public listing. Meanwhile, the partnership with Crypto.com’s regulated arm, CDNA, ensures that the offering complies fully with U.S. federal regulations.
Users will have streamlined and secure access to contracts covering politics, finance, economics, and sports, providing a unique blend of digital asset trading and traditional financial markets.
**Insights from Crypto.com CEO**
Kris Marszalek, CEO of Crypto.com, highlighted the industry potential, stating, “Prediction markets are poised to be a multi-deca-billion dollar industry.” He also emphasized the natural alignment between the community-driven nature of social media platforms and market sentiment analysis.
**Rewards Integration and Future Plans**
In addition to standard contract purchases, Truth Social and its streaming service, Truth+, will enable users to convert platform-earned Truth gems into Cronos (CRO) cryptocurrency. These tokens can then be used to buy prediction contracts, further linking social engagement with financial participation.
The service is expected to begin beta testing in the United States soon, followed by a full launch and plans for a global rollout once all regulatory prerequisites are met.
This initiative expands on a recent partnership between Trump Media and Crypto.com, signaling a new era where social media, digital assets, and traditional finance converge.
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https://www.financemagnates.com/cryptocurrency/trump-linked-truth-social-set-to-become-first-social-media-offering-prediction-market-trading/