Trump Media & Technology Group Corp. (DJT): Surge on Partnering with Crypto.com to Democratize Prediction Trading
TLDR
DJT launches Truth Predict with Crypto.com, entering event trading.
Truth Social to feature crypto-powered prediction markets soon.
Trump Media dives into finance with Truth Predict debut.
DJT joins the prediction market race via Truth Social’s new tool.
Crypto.com powers DJT’s leap into real-world event trading.
Trump Media & Technology Group Corp. (DJT) advanced by 2.75%, reaching $16.47 after announcing its entry into prediction markets.
Trump Media & Technology Group Corp., DJT
The company confirmed it will introduce “Truth Predict” on Truth Social, enabling users to trade contracts on global events. The development follows growing interest in real-world event trading and aims to position DJT as a new player in this emerging space.
Truth Predict to Debut on Social Media Platform
Trump Media announced a partnership with Crypto.com to launch Truth Predict, a prediction market feature for Truth Social. This product will allow users to place wagers on political events, macroeconomic indicators, commodity movements, and sports outcomes. The integration will begin with a beta release in the U.S. before expanding internationally.
The company plans to use Crypto.com Derivatives North America (CDNA) to ensure federally compliant access to event contracts. These contracts will encompass political, financial, and entertainment domains, providing a seamless trading interface. Truth Social users can also use Truth gems, earned from engagement, to convert into Cronos (CRO) tokens and trade contracts.
With the addition of Truth Predict, DJT aims to blend entertainment, finance, and user interaction through its platform. This initiative highlights its ongoing efforts to capitalize on social media engagement. It also underscores a growing convergence of financial tools with online communities.
DJT Strengthens Crypto Collaboration Through CRO Treasury
Trump Media’s partnership with Crypto.com also includes the formation of a digital asset treasury company focused on acquiring and holding the CRO token. The firm, named Trump Media Group CRO Strategy, Inc., stems from a proposed business combination with Yorkville Acquisition Corp. This structure aims to boost liquidity and strengthen its role in digital asset integration.
Earlier, DJT and Crypto.com announced a CRO rewards system tied to Truth Social and its subscription platform, Truth+. This new CRO-based trading option expands that alliance into the prediction markets segment. The unified ecosystem leverages Truth Social’s audience and Crypto.com’s trading infrastructure.
Kris Marszalek, CEO of Crypto.com, positioned the move as a strategic leap into social-enabled financial trading. The company had previously been involved in regulatory disputes but dropped a lawsuit against the SEC following recent political shifts. The SEC later closed its investigation without enforcement action.
Competitive Reaction and Regulatory Climate
The news impacted industry competitors, such as DraftKings and Flutter Entertainment, whose shares fell as DJT entered the market. This shift reflects growing pressure on traditional players as tech-backed platforms diversify into real-world prediction trading. The competitive edge lies in DJT’s retail user base and social engagement.
Donald Trump Jr., a Trump Media board member, holds advisory roles in rival platforms Kalshi and Polymarket. Both companies have seen record volumes, with Polymarket seeking a $15 billion valuation and Kalshi attracting offers near $10 billion. Despite momentum, U.S. regulatory tensions persist around event-based markets.
Kalshi recently filed a lawsuit against New York’s gaming authority, claiming state-level interference in federally governed trading activities. Sports-related prediction markets remain banned in several states, highlighting legal uncertainty. However, DJT’s partnership with CDNA seeks to navigate this landscape through compliant channels.
The post Trump Media & Technology Group Corp. (DJT): Surge on Partnering with Crypto.com to Democratize Prediction Trading appeared first on CoinCentral.
Filed under: News - @ October 28, 2025 4:30 pm