Kalshi promoted Byron Donalds' odds while donating to his campaign

Prediction market platform Kalshi promoted Byron Donalds' chances of winning Florida's gubernatorial race at a 'NEW ALL-TIME HIGH' on social media while simultaneously donating to his campaign, according to multiple reports. The dual activity — pricing the candidate's odds and financially backing his run — was done without disclosing the financial connection between the platform and the campaign in the promotional posts. A research director at a think tank that aims to reduce the influence of money commented that prediction markets are looking for 'friends in high places.' The reports highlight the intersection of Kalshi's political market pricing and its political contributions ahead of the Florida governor's race.