Donald Trump Jr. Steps Down as Advisor to Kalshi
Donald Trump Jr. has ended his advisory role at the prediction market platform Kalshi. The departure follows a mutual agreement between the company and Trump Jr., reportedly triggered by his venture capital firm's recent investment in Kalshi's primary competitor, Polymarket. Trump Jr. had previously served as an advisor to both platforms during an administration favorable to prediction markets. This shift highlights growing competitive tensions within the rapidly expanding sector of event-based forecasting and prediction markets.