Kalshi Terminates Consulting Agreement with Donald Trump Jr. Due to Conflict of Interest with Polymarket

According to an exclusive Reuters report, prediction market platform Kalshi has ended its consulting agreement with Donald Trump Jr. The report cited a conflict of interest with Polymarket as the reason for this decision. The termination of the agreement reflects Kalshi's emphasis on impartiality and conflict of interest rules in its consulting relationships. Reuters reported that the decision stemmed from a compliance issue related to Polymarket. The report did not provide additional details on whether there are any other agreements between the parties following the termination or how the process will proceed. Kalshi and Polymarket are known as platforms operating in the prediction markets space. According to information relayed by Reuters, the decision stands out as a step toward managing conflict of interest risks in consulting relationships. The report did not include any other developments or statements from the parties on the matter. Not investment advice.