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★ Private Action

Kalshi names Trump Jr. strategic advisor week before father's inauguration

Corporate FavorsCrypto DeregulationTrump Family Business Dealings

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.

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.

Actors

Who pushed it · 1

Who initiated, paid, or pushed the action.

  • Kalshi
    Kalshi

    Appointed Donald Trump Jr. as Strategic Advisor, announcing the role publicly and framing it as a milestone for the company's growth and mainstream ambitions.

Beneficiaries

Who gained · 1

Who stood to gain.

  • Donald Trump Jr.
    Donald Trump Jr.

    Accepted the Strategic Advisor role at Kalshi, receiving a platform-level association with the regulated prediction market company; cited his personal use of Kalshi on election night as motivation to join.

Sources

Further reading