Trump Media to Launch Prediction Markets on Truth Social | CoinDesk Daily

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4.8 • 689 Ratings

🗓️ 28 October 2025

⏱️ 4 minutes

🔗️ Recording | iTunes | RSS

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Summary

A prediction market on Truth Social? Trump Media & Technology Group, the parent company behind President Donald Trump’s social platform Truth Social, plans to roll out prediction markets directly in the app through a deal with Crypto.com’s U.S.-registered derivatives arm. Can Trump Media win the competition against Polymarket and Kalshi? CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily." - Break the cycle of exploitation. Break down the barriers to truth. Break into the next generation of privacy. Break Free. Free to scroll without being monetized. Free from censorship. Freedom without fear. We deserve more when it comes to privacy. Experience the next generation of blockchain that is private and inclusive by design. Break free with Midnight, visit ⁠⁠midnight.network/break-free⁠⁠ - Bridge simplifies global money movement. As the leading stablecoin issuance and orchestration platform, Bridge abstracts away blockchain complexity so businesses can seamlessly move between fiat and stablecoins. From payroll providers and remittance companies to neobanks and treasury teams, Bridge powers payments, savings, and stablecoin issuance for thousands – like Shopify, Metamask, Remitly, and more. URL: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://hubs.ly/Q03KGbRK0⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ - OwlTing (Nasdaq: OWLS) is building invisible rails for global payments. With OwlPay, businesses and users can bridge fiat and stablecoins, send money instantly across borders, and access stablecoin checkout at lower costs. Licensed worldwide, OwlTing delivers secure, compliant, and regulated infrastructure for the digital economy. Learn more at ⁠⁠⁠⁠⁠⁠⁠owlting.com⁠⁠⁠⁠⁠⁠⁠. - This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Taylor Fleming.

Transcript

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0:00.0	Trump Media to launch prediction markets on Truth Social and Kalshi Fossil lawsuit against the New York State Gaming Commission.
0:07.0	You're watching Coin Desk Daily. I'm your host, Jen Sanasi.
0:15.8	Trump Media and Technology Group, the parent company behind President Donald Trump's social platform,
0:21.2	Truth Social, plans to roll out prediction markets directly within the app.
0:24.9	The company announced a deal on Tuesday with crypto.com's U.S. registered derivatives arm to power the feature called TruthPredict.
0:32.2	Users will now be able to bet on outcomes of real-world events like U.S. elections,
0:36.3	federate decisions, and sport games via
0:38.7	crypto.com's CFTC registered exchange. If launched, Truth Social would become the first social
0:44.6	media platform with native prediction markets pushing Trump media into financial products.
0:49.4	This move positions Truth Social to compete with platforms like Polymarket and Kalshi by integrating
0:55.0	betting directly into the social media experience. Utility or privacy, the transparency of
1:00.7	traditional blockchains forces a difficult choice, break free from this limitation with midnight.
1:05.9	Just like the internet made information global, stable coins are making money global and bridge,
1:10.3	a stripe company
1:11.2	is powering that shift. Looking for a faster, cheaper way to move money worldwide, Owl Ting, listed
1:16.9	on the NASDAQ as Owls, is building the rails for stable coin payments. In other prediction market
1:21.8	news, Cal she has filed a lawsuit against the New York State Gaming Commission. The prediction
1:25.8	market argues that the state's attempt to shut down certain event-based contracts is violating federal law. Cal She claims that it has
1:32.6	the right to offer these derivatives contracts as a federally regulated market under the CFTC. The dispute
1:38.3	focuses on CalShe's recently launched sports event contract, which allows users to bet on outcomes
1:43.6	like game winners.
1:45.2	CalShe maintains the CFTC has exclusive jurisdiction over these products, and state
	...

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