After all the criticism... Trump Transforms into a Prediction Market Praiser

▲ Donald Trump, Prediction Market/AI-generated image

U.S. President Donald Trump has made a sudden shift in his stance on prediction markets, revealing his intent to secure leadership in the digital finance competition.

According to Cointelegraph, a cryptocurrency specialized media outlet, on April 28 (local time), President Trump showed a forward-looking attitude towards prediction markets at a press conference in Florida, stating, “Some of the very smart people like it.” This marks a change in direction from his critical stance on prediction markets at the White House just a few days prior. He emphasized that the U.S. should be wary of falling behind in this field.

The market's growth rate is already steep. The combined trading volume of Polymarket and Kalshi reached an all-time high of $23.6 billion in March 2026. Prediction markets are rapidly expanding as demand for betting on geopolitical events surges.

The Trump family is also deeply involved in this industry. Donald Trump Jr. has invested in Polymarket and serves as an advisor, and is also an advisor for Kalshi. Trump Media, owned by President Trump, plans to partner with Crypto.com to introduce prediction market services to Truth Social.

The regulatory environment remains a variable. The U.S. Commodity Futures Trading Commission (CFTC) is engaged in legal disputes with state governments attempting to classify prediction markets as gambling. President Trump's change in attitude is highly likely to serve as a significant turning point in the discussions for integrating prediction markets into the mainstream system.

President Trump acknowledged the reality, stating, “Conceptually, I don't prefer it, but the world has changed.” The $23.6 billion in trading volume serves as an indicator proving market demand, and this statement is interpreted as a signal foreshadowing changes in the U.S.'s digital finance strategy.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*