MSNBC · 2026-11-13 01:08 UTC

Kalshi ends Trump Jr.'s advisory role after Polymarket clash

Kalshi has ended its advisory contract with Donald Trump Jr. after his venture capital firm, 1789 Capital, made a significant investment in rival prediction market Polymarket. Kalshi spokesperson Dani Lever said the two sides mutually agreed to end his advisory role, citing a conflict of interest from advising both competitors. Trump Jr. holds a large volume of Kalshi shares, and 1789 Capital has invested heavily in Polymarket; he has denied his ties influenced Trump administration support for the platforms.

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