Sources: Donald Trump Jr. got ~$300K in Kalshi equity after becoming a strategic adviser in 2025, when Kalshi was valued at ~$2B; now it's worth $22B+
THE SO WHAT
A 10x move from ~$2B to $22B+ in a regulated prediction market under a light-touch US regime shows how fast policy can reprice niche infra into core financial plumbing. If your product sits near a regulatory boundary, board-level attention to policy strategy is now a valuation lever, not a compliance footnote.
READ THE SOURCE
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