Donald Trump Jr. Leaves Kalshi, Keeps Polymarket Role a Week After Democrats Win Congress
By Unchained
AI summary of the source article
Donald Trump Jr. and prediction market Kalshi have mutually agreed to end his advisory role following an investment by his firm, 1789 Capital, into rival Polymarket. Trump Jr. continues to advise Polymarket.
Key facts
- Kalshi and Donald Trump Jr. ended his advisory role citing a conflict after 1789 Capital invested in rival Polymarket.
- 1789 Capital was reported to lead a $1 billion Polymarket raise with a $300 million contribution in August.
- Incoming Senate Banking Committee oversight plans to examine Trump family ties to prediction markets including Kalshi and Polymarket.
Source excerpt · Unchained
Kalshi called the split mutual and tied it to his venture firm's investment in Polymarket, its main rival. The post Donald Trump Jr. Leaves Kalshi, Keeps Polymarket Role a Week After Democrats Win Congress appeared first on Unchained .