Donald Trump Jr. Exits Kalshi Role as Democrats Plan to Scrutinize Family Crypto Ties

Donald Trump Jr. is leaving his advisory position at prediction market platform Kalshi following his firm’s major investment in rival Polymarket, as Democrats prepare to investigate the Trump family’s growing financial interests in cryptocurrency and prediction markets. The departure, first reported by Bloomberg , ends an arrangement that had attracted political scrutiny because Trump Jr. simultaneously advised two of the industry’s largest competing platforms. A Kalshi spokesperson said the decision followed a substantial investment in Polymarket by 1789 Capital, the investment firm where Trump Jr. is a partner. “We have mutually agreed to end Don’s advisory role after his firm’s significant investment in a competitor this past summer,” the spokesperson told Bloomberg. “We are grateful for his contributions in helping us market Kalshi to more customers.” Trump Jr.

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