UNCHAINED · 2026-11-13 11:55 UTC

Donald Trump Jr. Leaves Kalshi, Keeps Polymarket Role a Week After Democrats Win Congress

Donald Trump Jr. no longer advises prediction market Kalshi, with both sides reportedly agreeing to end the arrangement after his venture firm, 1789 Capital, invested in rival Polymarket. A Kalshi spokesperson said the split followed Trump Jr.'s firm's significant investment in a competitor this past summer, and that Kalshi was grateful for his help marketing the platform. The article notes Democrats won both chambers of Congress last week, and Sen. Elizabeth Warren has listed Trump family crypto businesses and prediction markets among early oversight targets.

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