Kalshi granted Donald Trump Jr. $300K in shares for senior adviser role: report

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Kalshi granted Donald Trump Jr. about $300,000 in shares after appointing him as a strategic adviser. The report says the stake was issued when Kalshi was valued below $2 billion and could become more valuable if the company closes a new funding round at a much higher valuation. The article also places the move in the context of Kalshi’s rapid growth and its regulatory battles around prediction markets. Trump Jr. previously joined the company after the 2024 election and also sits on Polymarket’s advisory board. The story highlights how political ties, advisory roles, and fundraising prospects are intersecting at Kalshi.

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