Trump Media To Challenge Polymarket, Kalshi? DJT Stock Surges On Prediction Market Announcement
Trump Media & Technology Group Corp. (NASDAQ:DJT) jumped more than 6% on Tuesday’s after announcing plans to launch Truth Predict, a new prediction markets platform inside its Truth Social app.
Trump Media Expands Into Prediction Markets
The company said the feature will allow users to trade prediction contracts on major events such as elections, interest rate decisions, and commodity prices.
The offering will be powered by Crypto.com Derivatives North America, a Commodity Futures Trading Commission–registered exchange and clearing house.
Truth Predict will first roll out in the U.S., followed by a global expansion.
Testing is expected to begin “in the near future,” according to the company’s statement.
Trump Media said the integration will make Truth Social the first social platform to embed regulated prediction market functionality, giving its users access to wagers across politics, economics, and sports.
Partnership Deepens Trump–Crypto Links
The deal deepens Trump Media’s ties with Crypto.com, which earlier formed a joint crypto treasury company …
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