Trump Media Scales Back Plans for Its Own Prediction Market

Truth Predict was supposed to be the Trump family's biggest leap yet into prediction markets. Now it's looking more like a tiptoe. The odds that the Trump family will launch a full-fledged prediction market product this year just plummeted. Last year, the Trump Media and Technology Group announced Truth Predict, a partnership with the cryptocurrency company Crypto.com. The initial announcement touted Truth Predict as a "new product" that would allow Truth Social users to make trades on sports, inflation, elections, and more through an "embedded" prediction market service.