TMTG Enters Prediction Markets with Truth Predict Service

The New Platform’s Scope and Technology

The Truth Predict platform will allow users to bet on the outcomes of a wide range of events. This selection will include political elections and events across all major sports leagues, such as basketball games. Users will also be able to predict changes in economic indicators, including inflation rates and commodity prices like gold and crude oil.

TMTG has partnered with the cryptocurrency trading platform Crypto.com to build and operate this market. The service will use Crypto.com Derivatives North America to process the prediction wagers.

This partnership deepens an existing relationship; TMTG previously agreed to form a cryptocurrency treasury company in August 2025. This older agreement covered the purchase and storage of the CRO token and the addition of a crypto exchange token and wallet to TMTG platforms.

After initial beta testing, Truth Predict will launch fully in the United States. The company plans to roll out the service globally afterward. TMTG Chief Executive Officer Devin Nunes stated the firm seeks to democratize information. Nunes claims the goal is to let Americans use the “wisdom of the crowd.” He argues that global elites have closely controlled these markets for too long.

Market Competition and Family Ties

The launch of Truth Predict sets up direct competition with established prediction platforms. These rivals, including Polymarket and Kalshi, have recently gained high valuations.

This new market entry creates a complex scenario due to Donald Trump Jr.’s existing relationships in the sector. The former president’s oldest son and a TMTG board member has ties to the new platform’s competitors.

• Kalshi: Trump Jr. joined this platform as a strategic adviser in January.
• Polymarket: In August, a firm where Mr. Trump Jr. is a partner, 1789 Capital, invested in Polymarket. As part of that deal, he joined the platform’s advisory board.

These connections mean different parts of the Trump family’s business holdings have stakes in rival companies within the same sector.

Regulatory Context and Financial Connections

The broader regulatory landscape and financial ties of the Trump administration also relate to the prediction market sector.

The Trump administration influenced the regulatory climate for crypto-based prediction platforms in the U.S. Polymarket, a major blockchain-based platform, had left the U.S. in 2022 after a settlement with the Commodities and Futures Trading Commission (CFTC). The agency alleged the firm ran an unregistered derivatives market.

Following President Trump’s return to the White House, regulators began dropping cases against prominent crypto firms. In July, it was reported the Department of Justice (DOJ) ended its investigation into Polymarket without charges. This action cleared the way for the platform’s return to the U.S.

Industry experts have openly linked the ability of crypto prediction markets to return to the U.S. directly to the Trump administration. Critics have raised conflict of interest concerns, arguing the family’s financial ties to Polymarket were set up as the platform sought to re-enter the U.S. market.

Crypto.com’s Political Support

The CEO of TMTG’s partner, Crypto.com’s Kris Marszalek, has actively supported President Trump. Marszalek was an early crypto executive to visit the President at Mar-a-Lago after his election win last year. The company and its parent entity have also made large financial donations to Trump’s inaugural committee and his Super PAC, MAGA Inc.

This political support has coincided with regulatory developments. Crypto.com withdrew a lawsuit against the Securities and Exchange Commission (SEC) after the election. The SEC later closed its investigation into the firm without taking enforcement action.