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Trump Media abandons Truth Predict, pivots to promoting prediction market products in partnership with Crypto.com

2026-08-27 21:25

Odaily Planet Daily News Media company Trump Media has abandoned its plan to integrate prediction markets into its social platform Truth Social, and will instead promote the existing prediction market products of cryptocurrency trading platform Crypto.com to users through a marketing agreement.

Trump Media interim CEO Kevin McGurn stated that the prediction market industry has become a competitive field with established companies, and the company will focus its resources on its media business and the proposed merger with fusion energy company TAE Technologies.

Truth Predict was announced in October 2025, and was originally planned to allow users to trade contracts covering elections, inflation, interest rates, commodities, and sports through Crypto.com's Derivatives North America. Trump Media also stated that it may explore similar arrangements with other prediction market providers in the future. (Bitcoin.com News)