{
  "id": 19720860,
  "title": "Exclusive-Kalshi says it ended Donald Trump Jr’s advisory contract over Polymarket conflict",
  "url": "https://urgent.news/2026/11/12/exclusive-kalshi-says-it-ended-donald-trump-jrs-advisory-contract",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-12T22:54:20.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/exclusivekalshi-ends-donald-trump-jrs-advisory-contract-due-to-polymarket-conflict-5022950"
  },
  "original_language": "en",
  "account": "Kalshi, a $40 billion prediction markets startup, has terminated its advisory contract with Donald Trump Jr. following the venture capital firm 1789 Capital's significant investment in Polymarket, a competitor. Trump Jr. was named a strategic advisor to Kalshi in January 2025, receiving an undisclosed stake in the company valued at $300,000 at the time. The decision to end the contract was mutually agreed upon after Kalshi learned of 1789 Capital's investment in Polymarket in August. Despite concerns raised by some within Kalshi about potential congressional scrutiny due to the Democratic sweep of both houses of Congress, the company firmly stated that no political considerations influenced their decision. Kalshi had initially contracted Trump Jr. to market the platform to a conservative audience, including the MAGA movement, offering him equity in return for his guidance. A Polymarket spokesperson declined to comment on the matter, while Trump Jr. and a representative for 1789 Capital also declined to provide statements. The incident highlights the increasing regulatory scrutiny faced by prediction markets, with Senator Elizabeth Warren and others proposing stricter regulations and bans on certain types of bets.",
  "summary": null,
  "key_points": [
    "Kalshi ended advisory contract with Donald Trump Jr.",
    "1789 Capital invested in competitor Polymarket.",
    "Decision based on market conflict, not politics."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 9,
    "also_reported_by": [
      {
        "outlet": "Seeking Alpha News",
        "title": "Donald Trump Jr. out of adviser role at Kalshi - report",
        "url": "https://urgent.news/2026/11/12/donald-trump-jr-out-of-adviser-role-at-kalshi-report",
        "published": "2026-11-12T19:41:11.000Z"
      },
      {
        "outlet": "Forbes",
        "title": "Donald Trump Jr. Leaves Kalshi Advisory Role Over Conflict With Polymarket",
        "url": "https://urgent.news/2026/11/12/donald-trump-jr-leaves-kalshi-advisory-role-over-conflict-with",
        "published": "2026-11-12T19:54:22.000Z"
      },
      {
        "outlet": "CoinDesk",
        "title": "Kalshi ends Donald Trump Jr.’s advisory contract over 1789 Capital’s Polymarket investment",
        "url": "https://urgent.news/2026/11/12/kalshi-ends-donald-trump-jr-s-advisory-contract-over-1789-capitals",
        "published": "2026-11-12T21:07:49.000Z"
      },
      {
        "outlet": "Cointelegraph",
        "title": "Kalshi ends Donald Trump Jr. advisory role over Polymarket investment: Reuters",
        "url": "https://urgent.news/2026/11/12/kalshi-ends-donald-trump-jr-advisory-role-over-polymarket-investment",
        "published": "2026-11-12T22:05:01.000Z"
      },
      {
        "outlet": "CityNews",
        "title": "Donald Trump Jr. exits advisory role at prediction market Kalshi",
        "url": "https://urgent.news/2026/11/12/donald-trump-jr-exits-advisory-role-at-prediction-market-kalshi-19722645",
        "published": "2026-11-12T22:08:04.000Z"
      },
      {
        "outlet": "Winnipeg Free Press",
        "title": "Donald Trump Jr. exits advisory role at prediction market Kalshi",
        "url": "https://urgent.news/2026/11/12/donald-trump-jr-exits-advisory-role-at-prediction-market-kalshi",
        "published": "2026-11-12T22:08:04.000Z"
      },
      {
        "outlet": "The Guardian US",
        "title": "Donald Trump Jr exits as paid adviser for prediction market Kalshi",
        "url": "https://urgent.news/2026/11/12/donald-trump-jr-exits-as-paid-adviser-for-prediction-market-kalshi",
        "published": "2026-11-12T22:37:10.000Z"
      },
      {
        "outlet": "Financial Times",
        "title": "Kalshi cuts ties to Donald Trump Jr after Democrats’ midterm sweep",
        "url": "https://urgent.news/2026/11/12/kalshi-cuts-ties-to-donald-trump-jr-after-democrats-midterm-sweep",
        "published": "2026-11-12T22:45:07.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}