Donald Trump Jr. has resigned from his advisory role at prediction market Kalshi after reaching a mutual agreement with the company. This decision follows his growing involvement with competitor Polymarket, where his investment firm, 1789 Capital, has committed substantial funds. Kalshi acknowledged the impact of this relationship on his departure, while the future of Trump Jr.'s stake in Kalshi remains uncertain. His exit comes as Democrats gain control of Congress, signaling potential scrutiny of the Trump family's financial dealings.
Key facts
- Donald Trump Jr. left his advisory role at Kalshi on November 13, 2026.
- He has increased his involvement with competitor Polymarket through his firm, 1789 Capital.
- Kalshi confirmed the mutual agreement for his departure due to this relationship.
- Trump Jr. received a stake in Kalshi valued at approximately $300,000.
- Both Kalshi and Polymarket allow trading on future event outcomes.
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