Sources: Donald Trump Jr. got ~$300K in Kalshi equity after becoming a strategic adviser in 2025, when Kalshi was valued at ~$2B; now it's worth $22B+ (George Steer/Financial Times)

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This item centers on Kalshi, a fintech platform, and highlights how its valuation has increased sharply from about $2 billion to more than $22 billion. The headline also notes that Donald Trump Jr. received roughly $300,000 in Kalshi equity after joining as a strategic adviser in 2025. The available article text does not contain the underlying story because it is a Cloudflare block page. Even so, the title indicates a company valuation update and an adviser equity arrangement rather than a formal financing round or acquisition.

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