TREE NEWS update: Donald Trump Jr. has left prediction market Kalshi but will keep his role at rival Polymarket, Kalshi said, calling the split mutual and tying it to his venture firm’s investment in Polymarket. The departure comes a week after Democrats won control of Congress. Kalshi did not give a date for the exit or detail Trump Jr.’s remaining position at Polymarket.
Donald Trump Jr. Leaves Kalshi, Keeps Polymarket Role
The optics are awkward for Kalshi: a high-profile adviser exits days after a political shift, and the company's own explanation points to a competitor's funding round rather than the election. That framing matters because prediction markets sell themselves on political neutrality, and dual affiliations across rival venues are hard to sustain as the sector grows. Trump Jr.'s undisclosed Polymarket role is the loose thread — whether Kalshi fills the advisory slot and how Polymarket uses the association are the things to watch.
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