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Donald Trump JrKalshi as Strategic Adviser

The prediction market platform taps the president-elect's son to expand its reach and navigate regulatory challenges.

  • Donald Trump Jr. has been named a strategic adviser to Kalshi, a U.S.-based prediction market platform known for political and event betting.
  • Trump Jr. cited Kalshi's accuracy during the 2024 election as a key reason for joining, calling prediction markets a game-changer for tracking real-time outcomes.
  • Kalshi recently won a legal battle allowing election betting in the U.S., though the Commodity Futures Trading Commission is appealing the decision.
  • The company aims to grow its user base, compete with offshore rivals, and leverage Trump Jr.'s connections to navigate regulatory hurdles.
  • Current betting markets include topics like executive orders from President-elect Trump and potential pardons by President Biden.
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