Donald Trump Jr. reportedly received a free Kalshi stake worth $300,000 that has surged in value as the platform eyes a $40 billion valuation.

Donald Trump Jr. holds an equity stake in prediction market Kalshi as the platform prepares for a potential IPO, raising conflict of interest concerns.

Donald Trump Jr. reportedly received a free Kalshi stake worth $300,000 that has surged in value as the platform eyes a $40 billion valuation.