Kalshi prediction market says Donald Trump Jr. exits paid advisory role
Kalshi confirms adviser departure
Kalshi said Thursday that Donald Trump Jr. had ended his paid advisory role with the prediction market company. He had joined as a strategic adviser shortly after President Trump began his second term in January 2025.
Polymarket investment enters picture
Trump Jr. has been an investor in Polymarket since August 2025. Both Polymarket and Kalshi have seen their popularity and use rise significantly over the past two years.
The article links discussion of ending his Kalshi role to a recent investment in Polymarket by 1789 Capital. The firm increased its investment in August as part of Polymarket’s latest fundraising round.
Industry receives federal support
Both prediction market companies have received favorable treatment from the White House, according to the article. The Commodity Futures Trading Commission has supported efforts to expand the industry’s products nationwide.
That support includes allowing customers to trade sports-related contracts. The article does not specify when Trump Jr.’s Kalshi advisory role formally ended.
Key points
- Kalshi said Thursday that Donald Trump Jr. is no longer a paid adviser.
- Democrats have said they plan to investigate the Trump family’s prediction market relationships.
- The CFTC has backed expanding prediction market products, including sports-related contracts.