Skip to the rundown
GetYourBrief Crypto desk · November 12, 2026
Search

Market trends · on the rundown Thursday, November 12, 2026

Kalshi ends adviser role over rival Polymarket investment

Covered by 5 outlets over 3 hours. First reported by CNBC at 19:19 UTC on November 12, 2026.

5 outlets

What happened?

  1. Discussions about the departure began in August, after 1789 Capital announced its Polymarket stake, CNBC reported, citing the Kalshi spokesperson
  2. Trump Jr. continues to serve as an adviser to Polymarket, CNBC reported

Trump Jr. continues to advise Polymarket, and Kalshi denied political considerations played a part in the decision.

A machine summary written from the reports listed below; read them for the full account. How summaries are made and what is checked.

Who reported it, and when?

5 distinct reports run by 5 outlets, earliest first (UTC); a syndicated report lists every site that ran it
TimeReportRun by
Nov 12 19:19Donald Trump Jr. exits advisory role at Kalshi prediction market
  • CNBC
Nov 12 19:41Donald Trump Jr. out of adviser role at Kalshi - report
  • Seeking Alpha
Nov 12 20:03Kalshi says it’s cutting ties with Donald Trump Jr. over his firm’s big investment in rival Polymarket
  • nypost.com
Nov 12 20:36Exclusive-Kalshi ends Donald Trump Jr’s advisory contract over Polymarket conflict By Reuters
  • Investing Us
Nov 12 22:05Kalshi ends Donald Trump Jr. advisory role over Polymarket investment: Reuters
  • cointelegraph.com

Who was named?

More news naming Reuters

  1. Nov 7 · Space & defense CNBC: “Trump says U.S. carried out ‘minor strikes’ on Iran as missiles hit Qeshm Island” 2
  2. Nov 5 · AI Bloomberg: “Mystery Seller Puts Up $500 Million Data Center Loans Backing Stargate, CyrusOne” 4
  3. Nov 5 · Finance World Bank says poorest nations' debt costs highest since 1989 2
  4. Nov 4 · Climate Eurozone energy inflation rose to 20.8% as overall CPI reached 4% 2
  5. Nov 1 · Finance South Korean exports grow 93.7% in October, fastest since 1974 2
  6. Oct 29 · Space & defense Destinus says monthly Ruta missile output nears 300 units in Europe 2

Sources: the outlets' reports linked on this page; counts and times from GetYourBrief's record of those reports (methodology).