Donald Trump Jr has stepped down from his position as a paid adviser to the prediction market platform Kalshi, according to an announcement from the company on Thursday. Kalshi characterized the separation as a mutual business agreement.
The departure came after 1789 Capital, an investment firm associated with Trump Jr, boosted its financial backing in Polymarket, which serves as Kalshi's primary market rival.
Additional information regarding the leadership shift is anticipated to emerge as the story continues to unfold.
