Kalshi ends Donald Trump Jr’s advisory role after 1789 Capital backs Polymarket
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Kalshi has ended Donald Trump Jr.’s advisory role after 1789 Capital, where he serves as a partner, backed rival prediction market Polymarket. The move highlights conflict-of-interest management as Kalshi seeks new capital and competes with Polymarket. Trump Jr. had served as a strategic adviser to Kalshi. The decision comes amid growing competition between the two prediction-market platforms. Watch for how the separation affects Kalshi’s fundraising and its positioning against Polymarket.
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Named in this story
Kalshi, Donald Trump Jr., 1789 Capital, Polymarket