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● TRACKER Updated 13d ago · 13 sources tracked

Donald Trump Jr.’s Firm Leads $1 Billion Funding Round for Polymarket

Polymarket has raised $1 billion in a funding round led by 1789 Capital, a venture firm where Donald Trump Jr. serves as a partner and key shareholder. This investment values the blockchain-based prediction market platform at $21 billion on a post-money basis. As part of the round, 1789 Capital is contributing approximately $300 million to the platform. This funding marks a 40% increase in valuation for the firm since April.

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  • ✓ 1789 Capital led a $1 billion funding round for Polymarket.
  • ✓ The funding round values Polymarket at $21 billion.
  • ✓ Donald Trump Jr. is a partner at 1789 Capital.
  • ✓ 1789 Capital is investing approximately $300 million into Polymarket.
🛡️ Source Corroboration: 13 independent reporting domains (100% confidence) ⏱ Read time: ~2 min

What changed

1789 Capital led a $1 billion funding round that values Polymarket at $21 billion.

Live updates

  1. 1789 Capital Leads $1 Billion Funding Round for Polymarket

    Polymarket has raised $1 billion in a funding round led by 1789 Capital, a venture firm where Donald Trump Jr. serves as a partner and key shareholder. This investment values the blockchain-based prediction market platform at $21 billion on a post-money basis. As part of the round, 1789 Capital is contributing approximately $300 million to the platform. This funding marks a 40% increase in valuation for the firm since April.

    Why it matters

    The Trump family has increased its financial involvement in the prediction market industry since last year. Polymarket operates as a decentralized platform for betting on real-world outcomes.

    What is confirmed

    • 1789 Capital led a $1 billion funding round for Polymarket.
    • The funding round values Polymarket at $21 billion.
    • Donald Trump Jr. is a partner at 1789 Capital.
    • 1789 Capital is investing approximately $300 million into Polymarket.
    • The $21 billion valuation represents a 40% increase from April.

    What to watch next

    • Confirmation of the final post-money valuation from Polymarket
    • Details on other participants in the $1 billion round
    Sources used for this update (17)
    1. nytimes.com — Donald Trump Jr.’s Firm Leads $1 Billion Funding Round for Polymarket
    2. WSJ — Exclusive | Donald Trump Jr.’s Fund Boosts Polymarket Investment by Around $300 Million
    3. Dealroom — Polymarket raises $1B at $21B valuation, led by 1789 Capital
    4. ua.news — Polymarket reportedly raises $300 million from 1789 Capital, WSJ says
    5. Bloomberg.com — Polymarket Funding Round Led By 1789 Values Firm at $21 Billion
    6. www.inquirer.com — Donald Trump Jr.’s firm leads $1 billion funding round for Polymarket
    7. www.businesstimes.com.sg — Donald Trump Jr’s venture capital firm leads US$1 billion funding round for Polymarket
    8. blockonomi.com — Polymarket Valuation Soars to $21 Billion in Trump Jr.-Backed Funding Round
    9. cdcgaming.com — Polymarket value to top $21 billion after Trump Jr.’s firm’s investment, report says
    10. www.covers.com — Trump Jr.’s Firm Invests $300 Million into Polymarket
    11. jen.jiji.com — US Open, Musetti and Bellucci in the second round
    12. news.bitcoin.com — Trump Jr. Adds Another $300M Into Polymarket’s $21B Funding Round
    confidence 100%
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