Kalshi has ended Donald Trump Jr.'s advisory role with the company following his firm 1789 Capital's increased investment in rival Polymarket earlier this year. A Kalshi spokesperson described the decision as mutually agreed, citing the firm's significant investment in a competitor. The move highlights the growing tension between competing prediction market platforms as they vie for market share.
Kalshi has ended Donald Trump Jr.’s advisory role with the company after his firm, 1789 Capital, increased its investment in Polymarket earlier this year. “We have mutually agreed to end Don’s advisory role after his firm’s significant investment in a competitor this past summer,” Kalshi spokesperson Dani Lever said in a statement. “We are grateful...