Trump Media has scrapped plans to build a prediction market directly into its social platform Truth Social and will instead promote Crypto.com’s existing prediction market product through a marketing agreement. Interim chief executive Kevin McGurn said the prediction market business has become a competitive field with established companies already in place, and the company will focus its resources on its media operations and a proposed merger with fusion energy company TAE Technologies. The abandoned product, Truth Predict, was announced in October 2025 and had been designed to let users trade contracts tied to elections, inflation, interest rates, commodities, and sports through Derivatives North America, a unit of Crypto.com. Trump Media also said it may explore similar arrangements with other prediction market providers in the future. Bitcoin.com News was cited as the source for the update.
Trump Media has abandoned plans to build a prediction market into Truth Social and will now promote Crypto.com’s existing prediction market product to users under a marketing agreement.
Interim chief executive Kevin McGurn said the prediction market sector has become a competitive business with established companies already operating in the space. He said Trump Media will direct its resources toward its media business and its proposed merger with fusion energy company TAE Technologies.
Truth Predict will not move forward as originally planned
Truth Predict was announced in October 2025. Under that plan, users would have been able to trade contracts tied to elections, inflation, interest rates, commodities, and sports through Derivatives North America, a Crypto.com unit.
With the change, Trump Media is no longer pursuing direct integration of the product inside Truth Social. Instead, it will market Crypto.com’s existing prediction market offering.
Company leaves room for similar future partnerships
Trump Media also said it may explore similar arrangements with other prediction market providers in the future.
The update was reported by Bitcoin.com News.
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