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Kalshi ends Donald Trump Jr. advisory role over Polymarket ties

Kalshi ends Donald Trump Jr. advisory role over Polymarket ties

Also reported by Guardian World, ABC News

Full coverage (3 outlets)

Summary

Kalshi ended Donald Trump Jr.’s advisory role after his firm, 1789 Capital, increased its investment in competitor Polymarket. Kalshi said both sides agreed to end the role following the investment this past summer.

Key Facts

  • Kalshi ended Donald Trump Jr.’s advisory role with the company.
  • Donald Trump Jr.’s firm is 1789 Capital.
  • 1789 Capital increased its investment in Polymarket.
  • Polymarket competes with Kalshi.
  • Kalshi said the advisory role ended by mutual agreement.
  • Kalshi spokesperson Dani Lever linked the decision to 1789 Capital’s investment this past summer.
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