Donald Trump Jr. has joined prediction-market startup Kalshi as a strategic advisor. That could give the U.S.-based company an advantage in navigating regulation and in competing with offshore rival Polymarket.

A market for yes-or-no bets on elections, news and pop culture is getting a MAGA stamp of approval.

Donald Trump Jr. announced Monday that he will be joining the prediction market Kalshi as a strategic adviser. Kalshi became popular last year when it won a court case that paved the way for legal election betting,

He's always been very in tune with what the American people feel and want," Kalshi CEO Tarek Mansour said on CNBC. The president-elect's son said on X that Kalshi made it clear much earlier than cable news that his father had won re-election.