GoKawiilDonald Trump Jr. exits advisory role at prediction market Kalshi
Kalshi confirmed to Bloomberg that Donald Trump Jr. has stepped down as an advisor, a role he took on shortly before the November 2024 election. Kalshi said the split was mutual, citing his investment firm 1789 Capital's stake in rival platform Polymarket made over the summer. Trump Jr. had received hundreds of thousands of dollars in equity from Kalshi for advising on marketing strategy.
GoKawiil's interpretation of the reporting above, not reported fact.
The timing, following Democrats regaining Congressional power with promises to probe government corruption, suggests Kalshi may be seeking distance from a politically exposed figure before scrutiny intensifies. Trump Jr.'s prior lobbying of state attorneys general against prediction market regulation, reported by the New York Times, could become a focal point if investigations proceed. The move may reflect broader efforts by tech companies to separate themselves from the Trump family amid shifting political winds.
- Donald Trump Jr. has left his advisor role at Kalshi, which he joined before the 2024 election.
- Kalshi cites his firm's investment in rival Polymarket as the reason, though that stake was already known.
- The departure comes as Democrats prepare corruption investigations that could scrutinize Trump family ties to prediction markets.
Source: futurism.com — Maggie Harrison Dupré, 2026-11-13
Published there as: “It Seems Very Clear Why Don Trump Jr. Has Suddenly Been Yeeted Out of Kalshi”
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