Kalshi has announced the termination of Donald Trump Jr.'s advisory role after his venture capital firm invested in Polymarket, a competitor. Kalshi acknowledged his contributions to the company but indicated that the optics of the situation were not favorable. Trump Jr. may still hold a financial interest in Kalshi, having received around $300,000 in equity after joining as an adviser in early 2025.
Key facts
- Donald Trump Jr. ended his advisory role with Kalshi.
- His firm invested in competitor Polymarket.
- Kalshi expressed gratitude for Trump Jr.'s contributions.
- Trump Jr. may retain a financial interest in Kalshi.
- He received about $300,000 in equity after joining Kalshi.
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