Deals

Don Jr. joins Kalshi as strategic adviser, reportedly startling Polymarket CEO

Published Jul 31, 2026Updated 42d ago

Donald Trump Jr. has joined Kalshi as a strategic adviser. The move reportedly prompted a loud reaction from the Polymarket CEO, described as a scream that startled nearly the entire floor. The hiring places a high-profile political figure at the regulated prediction market platform as it competes with Polymarket.

Why this matters?

Brings a prominent political name and potential access to the Trump network onto Kalshi's advisory bench, sharpening the rivalry with Polymarket as both platforms vie for political-event trading volume ahead of the 2026 midterms.

The bigger picture

Don Jr. becomes the second high-profile political figure to join a prediction-market platform's Washington playbook after Trump himself campaigned on easing CFTC restrictions, as Kalshi and Polymarket escalate their rivalry beyond product features into political-network competition.

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