Kalshi ends advisory relationship with Donald Trump Jr.

Prediction market platform Kalshi has ended its advisory relationship with Donald Trump Jr., the eldest son of U.S. President Donald Trump, Reuters reported. The move came as 1789 Capital, the investment firm Trump Jr. is affiliated with, increased its investment in rival platform Polymarket. Kalshi said both sides agreed to end the advisory arrangement and had been discussing the matter since 1789 Capital led Polymarket’s new funding round in August.