★ Private Action
Kalshi names Trump Jr. strategic advisor week before father's inauguration
Betting Goes LegalDon Jr.'s Board SeatsEasing Up on Crypto
Filed January 2025
★ The Brief
What happened
Kalshi, the first CFTC-regulated prediction-market platform in the U.S., announced Trump Jr. as Strategic Advisor on January 13, citing his "extensive business experience and influence."
Who enabled it
Who benefits
Deal or steal?
A year after the appointment, the Trump administration's CFTC withdrew its ban on event contracts and began drafting prediction-market rules, the regulatory wins Kalshi had previously fought for in court.
★ Cast your vote
On January 13, 2025, Kalshi — the first regulated prediction market platform in the United States — announced that Donald Trump Jr. had joined the company as a Strategic Advisor. The announcement came one week before Donald Trump's inauguration as the 47th President of the United States. Kalshi cited Trump Jr.'s 'extensive business experience and influence' and his firsthand use of the Kalshi platform on election night at Mar-a-Lago. Kalshi is regulated by the CFTC and has previously won legal battles to operate election prediction markets in the U.S.
Further reading
- ★ Private ActionAugust 20251789 Capital invests in Polymarket, places partner Trump Jr. on board
- ★ Private ActionJune 2026Trump banked $2.2 billion in year one, mostly from crypto he regulates
- ★ Private ActionMay 2026Trump sons anchor Dominari's $1B American Ventures portfolio
- ★ Government ActionApril 2026U.S. Air Force orders drones from Trump-tied Dominari portfolio firm
- ★ Government ActionJanuary 2026Trump's commodities regulator scraps its proposed ban on betting contracts
- ★ Government ActionJanuary 2026Trump's two top market regulators launch joint 'Project Crypto'