Cointime update: Prediction market Kalshi terminated its advisory contract with Donald Trump Jr. after his venture firm 1789 Capital increased its investment in rival Polymarket. A Kalshi spokesperson said the two sides began discussing the exit in August, following 1789 Capital’s lead of Polymarket’s latest funding round, calling it a mutual decision with no political considerations. Trump Jr. became a strategic advisor in January 2025 and received company shares.
Kalshi Ends Advisor Contract With Donald Trump Jr. After 1789 Capital Boosts Polymarket Stake
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