Kalshi Ends Donald Trump Jr. Advisory Role After Polymarket Investment

The move highlights how quickly advisory ties can become awkward when the same backers straddle competing platforms in a small, fast-consolidating prediction-market sector. It also puts a spotlight on 1789 Capital's role as a bridge between Kalshi and Polymarket, and on how firms manage perceived conflicts as political and financial networks overlap. Whether Kalshi's public insistence that politics played no part holds up under scrutiny is the open question, and whether similar cross-investment situations force further governance adjustments across the sector is worth watching.