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Kalshi Ends Donald Trump Jr.'s Advisor Role: Reuters

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 12/11/2026, 19:08:24 UTC.

Briefings

Kalshi, a major prediction market valued at $40 billion, announced it terminated Donald Trump Jr.'s advisory role following a mutual agreement with his firm 1789 Capital. This decision occurred after Trump Jr.'s firm successfully led a significant funding round for Polymarket, a competing prediction platform, during the summer of 2026.

Key points

• Kalshi terminated Donald Trump Jr.'s advisory role after a mutual agreement with his firm 1789 Capital.
• The $40 billion prediction market saw a $40 billion funding round for Polymarket led by 1789 Capital in summer 2026.

Context

Kalshi is a prominent prediction market with a $40 billion valuation. The termination of Trump Jr.'s advisory role occurred after his firm successfully raised funds for Polymarket, a rival prediction platform, during the summer of 2026.

Limitations

Evidence is limited to a single sentence stating the mutual termination and the funding round details. Specific dates for the funding round are not provided, only the summer timeframe. No further details on the agreement terms, specific financial figures beyond the $40B valuation, or the impact on other advisors are available.

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