Donald Trump’s Truth Social Is Launching a Polymarket Competitor

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“If you had to point to one reason [crypto prediction markets] are able to come back to the US, you have to point to the Trump administration,” says Zach Hamilton, founder of crypto startup Sarcophagus, in an interview with WIRED. “Donald Trump. I mean, that’s it.”

Even before the arrival of Truth Predict, the Trump family had a financial interest in the spread of prediction markets in the US.

In January, Donald Trump Jr. joined Kalshi as a strategic adviser. Then, in August, Polymarket received…



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Donald Trump’s Truth Social Is Launching a Polymarket Competitor


“If you had to point to one reason [crypto prediction markets] are able to come back to the US, you have to point to the Trump administration,” says Zach Hamilton, founder of crypto startup Sarcophagus, in an interview with WIRED. “Donald Trump. I mean, that’s it.”

Even before the arrival of Truth Predict, the Trump family had a financial interest in the spread of prediction markets in the US.

In January, Donald Trump Jr. joined Kalshi as a strategic adviser. Then, in August, Polymarket received…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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