🔄 Kalshi ends Donald Trump Jr.'s advisory role after his firm backs Polymarket
Prediction market Kalshi has ended its advisory relationship with Donald Trump Jr., Reuters reported. The move follows his venture firm 1789 Capital leading rival Polymarket's $1 billion funding round, which would value Polymarket at $21 billion, with 1789 Capital set to contribute about $300 million. A Kalshi spokesperson said the decision was mutual and that political considerations played no role. Trump Jr. had joined Kalshi as a strategic adviser in January 2025.
⭐ The split sharpens the rivalry between the two biggest prediction markets at a time when the sector faces a wave of state lawsuits and rising political scrutiny.
#Kalshi #Polymarket #PredictionMarkets
Prediction market Kalshi has ended its advisory relationship with Donald Trump Jr., Reuters reported. The move follows his venture firm 1789 Capital leading rival Polymarket's $1 billion funding round, which would value Polymarket at $21 billion, with 1789 Capital set to contribute about $300 million. A Kalshi spokesperson said the decision was mutual and that political considerations played no role. Trump Jr. had joined Kalshi as a strategic adviser in January 2025.
⭐ The split sharpens the rivalry between the two biggest prediction markets at a time when the sector faces a wave of state lawsuits and rising political scrutiny.
#Kalshi #Polymarket #PredictionMarkets
