When Was He Cursing It... Trump Transforms into a Prediction Market Praiser

▲ Donald Trump, Prediction Market/AI Generated Image

U.S. President Donald Trump has abruptly changed his stance on prediction markets, signaling his intent to secure leadership in the digital finance competition.

According to Cointelegraph, a cryptocurrency 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 shift from his position just a few days prior when he criticized prediction markets at the White House. 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 in March 2026 reached an all-time high of $23.6 billion. With a surge in demand for betting on geopolitical events, prediction markets are rapidly expanding.

The Trump family is also deeply involved in the industry. Donald Trump Jr. has invested in Polymarket and serves as an advisor, and he also acts as 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 battles 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 financial system.

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

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