[Wu Blockchain News] Kalshi Ends Donald Trump Jr.’s Advisory Contract Over Polymarket Investment
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The move followed 1789 Capital’s leadership of Polymarket’s latest funding round, which created a conflict given Trump Jr.’s advisory role at Kalshi. The separation highlights rising competitive tensions in the prediction market sector as Polymarket and Kalshi vie for dominance. Terms of Trump Jr.’s contract and the size of 1789 Capital’s increased Polymarket stake were not disclosed. Watch for further consolidation and investor alignment across prediction platforms as both firms ramp up fundraising and market share battles.
Muhabbit's AI wrote this summary in its own words from Telegram's report. It can get details wrong, so check the source.
Named in this story
Kalshi, Donald Trump Jr., Polymarket, 1789 Capital