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“Trump Media Stock Rises as Truth Social Prepares to Launch Prediction Markets in Partnership With Crypto” 🚨🚨🚨

Shares of Trump Media & Technology Group (DJT) climbed 1.28% to $16.24 on Tuesday after the company announced plans to introduce prediction markets on its Truth Social platform, in partnership with Crypto.com.

According to the press release, Truth Social users “will be able to trade prediction contracts related to major events and milestones, such as political elections, interest and inflation rate changes, commodity prices on gold and crude oil, events across all major sports leagues, and more.”

The rollout will begin with beta testing in the near future, followed by a full U.S. launch and eventual global expansion, signaling Trump Media’s first major foray into the financial technology space.

The move comes amid a broader surge of investor interest in event-based trading, a rapidly growing segment that merges the excitement of sports betting with the predictive power of financial markets. As the saying goes, speech is free — but talk gets expensive when money’s on the line.

According to research from Piper Sandler, volumes at platforms such as Kalshi and Polymarket are expected to jump 91% month-over-month in October, fueled by growing demand for contracts tied to sporting events, elections, and macroeconomic outcomes.

However, this rise in prediction markets is also starting to pressure traditional sports betting giants. Shares of DraftKings (DKNG) fell 5.71% to $31.08, while Flutter Entertainment (FLUT) — the parent company of FanDuel — slipped 3.13% to $236.88. Both firms are reportedly exploring ways to expand into event contracts to offset the growing competition.

Adding more intrigue, Bloomberg reported that Polymarket — which operates primarily outside the U.S. — is preparing to reenter the American market in the coming weeks, potentially intensifying competition across the event-trading landscape.

For Truth Social, this marks a strategic pivot beyond social media and into financial interactivity, blending political discourse, market speculation, and blockchain integration through its collaboration with Crypto.com.

Analysts say the move could open new revenue streams for Trump Media while appealing to its politically engaged user base — a demographic uniquely positioned to engage in event-driven trading.

As prediction markets gain legitimacy and regulatory clarity, Truth Social’s entrance could represent a new frontier in digital finance — one where social commentary, investing, and speculation merge in real time.