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Kalshi ends Donald Trump Jr. advisory role over Polymarket ties

The Hill ·

Updated 57m ago

  • 7 more outlets picked it up in the last 3 hours, most recently The Hill, Financial Times, ABC News.

Kalshi has ended Donald Trump Jr.’s advisory role with the company after his firm, 1789 Capital, increased its investment in Polymarket earlier this year. “We have mutually agreed to end Don’s advisory role after his firm’s significant investment in a competitor this past summer,” Kalshi spokesperson Dani Lever said in a statement. “We are grateful…

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First reported by Crypto Briefing at · 12 outlets in all

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  1. The HillKalshi ends Donald Trump Jr. advisory role over Polymarket tiesKalshi has ended Donald Trump Jr.’s advisory role with the company after his firm, 1789 Capital, increased its investment in Polymarket earlier this year. “We have mutually agreed to end Don’s advisory role after his firm’s significant investment in a competitor this past summer,” Kalshi spokesperson Dani Lever said in a statement. “We are grateful…
  2. Financial Times(subscription required)Kalshi cuts ties to Donald Trump Jr after Democrats’ midterm sweepPrediction market platform ends advisory deal amid mounting political scrutiny and rival investments in Polymarket
  3. ABC NewsDonald Trump Jr. exits advisory role at prediction market KalshiDonald Trump Jr. is no longer a paid adviser for Kalshi, the prediction market company said Thursday
  4. APDonald Trump Jr. exits advisory role at prediction market Kalshi
  5. CointelegraphKalshi ends Donald Trump Jr. advisory role over Polymarket investment: ReutersThe prediction market operator said the decision was mutual and followed 1789 Capital’s investment in rival Polymarket, denying political considerations.
  6. 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.
  7. 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.
  8. 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.
  9. 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.
  10. 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)
  11. CNBCDonald Trump Jr. exits advisory role at Kalshi prediction marketThe president's son will no longer serve as an advisor at Kalshi.
  12. 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.