US President Donald Trump’s media firm says it plans so as to add prediction markets to Fact Social by an unique partnership with Crypto.com’s Derivatives North America unit, which is a CFTC registered change and clearinghouse.
What’s Trump’s new prediction market referred to as?
In response to each Trump Media and Expertise Group Corp and Crypto.com, Fact Social will turn into the primary social media platform to supply inbuilt prediction market instruments. The brand new function, referred to as Fact Predict, will let customers commerce contracts on political occasions, financial indicators, commodity costs, and main sports activities outcomes, all with actual time pricing.
“We’re thrilled to turn into the world’s first publicly traded social media platform to supply our customers entry to prediction markets,” stated Devin Nunes, Chairman and CEO of Trump Media in a press release.
He stated the corporate goals to “create a brand new normal for entry to prediction market platforms” and added, “For too lengthy, world elites have carefully managed these markets – with Fact Predict, we’re democratizing info and empowering on a regular basis Individuals to harness the knowledge of the gang, turning free speech into actionable foresight.”
The contracts shall be supplied by Crypto.com Derivatives North America, which the businesses say will give Fact Social customers a federally compliant strategy to make predictions on actual world occasions.
“Prediction markets are poised to be a multi-deca-billion greenback {industry},” stated Kris Marszalek, Co-Founder and CEO of Crypto.com. He stated, “Crypto.com has rapidly turn into some of the trusted suppliers of prediction market companies, and we’re thrilled to mix with Fact Social to help the world’s first prediction markets accessible from a social media platform.”
Beta testing is predicted to begin on Fact Social quickly, with a full US launch coming after that. Trump Media says it plans to broaden the service worldwide as soon as it meets all required laws.
Customers on Fact Social and on its streaming platform Fact Plus will be capable of convert their reward gems into the Cronos digital foreign money, which they will then use to purchase prediction contracts. This transfer builds on earlier offers between Trump Media and Crypto.com, together with plans to create Trump Media Group CRO Technique Inc., which is linked to a proposed enterprise merger with Yorkville Acquisition Corp.
Fact Social Launching Prediction Markets, powered by https://t.co/pFc4Pz9nFR
https://t.co/pFc4Pz9nFR has emerged because the go-to supplier of prediction market companies with our federally regulated expertise stack and industry-leading execution. Integrating prediction markets… https://t.co/XiFcmKyVJm
— Kris | Crypto.com (@kris) October 28, 2025
Marszalek additionally promoted the partnership on X, writing, “Fact Social Launching Prediction Markets, powered by Crypto.com” and including that integrating prediction markets with social media “will rapidly broaden this right into a multi-deca-billion greenback {industry}” and permit Fact Social customers to “commerce contracts on every little thing from the Fed charges to soccer.”
The transfer just isn’t all that shocking, since Trump had beforehand planned to nominate Brian Quintenz, a former Kalshi board member, to guide the US Commodity Futures Buying and selling Fee. He withdrew the nomination final month.
Since then, the CFTC’s interim management has began talking extra positively about prediction markets, calling them an vital new frontier. The company additionally dropped its enchantment within the Kalshi case and ended an investigation into Polymarket’s continued entry for US customers.
Including to the momentum, Polymarket recently brought on Donald Trump Jr. as an adviser forward of its planned return to the US. And earlier this 12 months, Kalshi, Polymarket’s major US competitor, additionally added Trump Jr. as an adviser.
Featured picture: Grok / Crypto.com / Fact Social
The put up Truth Social to launch prediction markets with Crypto.com partnership through deal appeared first on ReadWrite.
