Kalshi Severs Ties With Donald Trump Jr. Amidst Polymarket Conflict
Kalshi has terminated Donald Trump Jr.'s paid advisory role following a dispute with rival platform Polymarket.
POLICY WIRE — New York, U.S. — Prediction market Kalshi has officially terminated its contractual relationship with Donald Trump Jr., ending his tenure as a paid adviser to the company.
The decision comes in the wake of a significant dispute between Kalshi and its competitor, Polymarket, which reportedly served as the catalyst for the severance.
Multiple major news outlets, including The New York Times and The Guardian, have reported on the exit, confirming that Trump Jr. is no longer providing advisory services to the firm.
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The New York Times and other leading publications have documented the conclusion of this professional arrangement, highlighting the breaking point between the prediction market and the former advisor.
This move underscores the intensifying rivalry within the prediction market sector, where strategic alliances with high-profile figures can lead to rapid political and commercial fallout.
Reporting by Policy-Wire (PW)