Trump Media & Technology Group plans to introduce a prediction market platform, Truth Predict, in partnership with Crypto.com, bringing betting-style markets to the Truth Social ecosystem. The move comes as interest in prediction markets surges, with trading volumes already surpassing the previous peak recorded during a U.S. presidential race. Separately, ARK Invest purchased $30.9 million worth of shares in Block, the fintech company led by Jack Dorsey.
Truth Predict targets booming prediction markets
Trump Media & Technology Group will collaborate with Crypto.com to launch Truth Predict on Truth Social, aiming to capitalize on growing user demand for prediction markets. Industry activity in this segment has expanded rapidly and has already exceeded its prior volume high set during a U.S. presidential election cycle, reflecting renewed interest in event-driven trading products.
While detailed launch timelines and product specifications have not been disclosed, the partnership signals a push to integrate crypto-native market infrastructure with a mainstream social platform. It also underscores the expanding footprint of prediction markets amid heightened political and macroeconomic attention.
ARK Invest adds $30.9M in Block shares
In a separate development, ARK Invest increased its exposure to Block by acquiring $30.9 million in shares. Block, the payments firm founded and led by Jack Dorsey, has maintained a notable presence in crypto through initiatives connected to Bitcoin and digital payments. The purchase suggests continued institutional interest in equities with crypto-linked businesses.
Outlook
The debut of Truth Predict alongside new institutional investment in crypto-exposed equities highlights rising convergence between traditional platforms and digital-asset infrastructure. Market participants will watch for product details, regulatory clarity, and user adoption as prediction markets expand and crypto-aligned stocks attract fresh capital.