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Kalshi ends Donald Trump Jr.’s advisory contract over 1789 Capital’s Polymarket investment

CoinDesk ·

Updated 17m ago

  • 5 more outlets picked it up in the last 3 hours, most recently New York Times, CoinDesk, NY Post.

Trump Jr. joined Kalshi as a strategic adviser in January 2025, helping the prediction market expand its customer base and strengthen its market presence.

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First reported by Crypto Briefing at · 7 outlets in all

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  1. New York Times(subscription required)Kalshi Severs Its Relationship With Donald Trump Jr.The country’s largest prediction market says it ended its contract with the president’s eldest son after his investment firm took a larger stake in its prime competitor.
  2. CoinDeskKalshi ends Donald Trump Jr.’s advisory contract over 1789 Capital’s Polymarket investmentTrump Jr. joined Kalshi as a strategic adviser in January 2025, helping the prediction market expand its customer base and strengthen its market presence.
  3. NY PostKalshi says it’s cutting ties with Donald Trump Jr. over his firm’s big investment in rival PolymarketReuters reported that the $40 billion startup mutually agreed to end its advisory contract with the president's son.
  4. ForbesDonald Trump Jr. Leaves Kalshi Advisory Role Over Conflict With PolymarketTrump Jr.’s financial firm, 1789 Capital, recently expanded its financial stake in Kalshi rival, Polymarket.
  5. TechmemeKalshi ends the advisory contract it signed with Donald Trump Jr. in January 2025, after his VC firm 1789 Capital increased its stake in Polymarket (Anirban Sen/Reuters)
  6. CNBCDonald Trump Jr. exits advisory role at Kalshi prediction marketThe president's son will no longer serve as an advisor at Kalshi.
  7. Crypto BriefingKalshi ends Donald Trump Jr advisory contract after his firm invests in rival PolymarketKalshi's decision underscores the importance of managing conflicts of interest, especially when seeking new capital and maintaining competitive integrity.