HUFFPOST · 2026-11-12 21:22 UTC

Donald Trump Jr.'s Advisory Contract With Kalshi Ends Over Polymarket Conflict

Kalshi has ended its advisory contract with Donald Trump Jr. after his venture capital firm 1789 Capital increased its stake in rival Polymarket. Kalshi said the decision was mutual, began in August, and was not politically motivated, though some internal concerns about the Democratic midterm sweep were reported. Trump Jr had been named a strategic advisor in January 2025 and held a stake reportedly worth $300,000; Congress Democrats plan more scrutiny of prediction markets.

Loading the story on Tree News…