Catenaa, Friday, August 29, 20250- Donald Trump Jr. has joined the advisory board of blockchain-based prediction market Polymarket following a major investment from his venture firm, 1789 Capital, totaling tens of millions of dollars.
The move signals Polymarket’s ambitions to expand globally and 1789 Capital’s focus on crypto infrastructure and alternative finance.
Founded in 2020, Polymarket allows users to bet on real-world events, from elections to court rulings, and processed over $8 billion in bets, including $6 billion in the first half of 2025.
The platform has recently secured a $200 million funding round led by Peter Thiel’s Founders Fund, valuing the company at $1 billion.
Polymarket also acquired QCEX, a CFTC-licensed derivatives exchange, enabling re-entry into the US market after previous restrictions.
Trump Jr. said the platform helps “cut through media spin” and bring transparency to public forecasting.
Polymarket CEO Shayne Coplan described the partnership with 1789 Capital as a milestone for scaling the platform and reflecting real-time sentiment for all users.
The company has also partnered with Elon Musk’s X platform to integrate live prediction odds with AI-powered analysis from Grok.
The investment aligns with 1789 Capital’s mission to back technologies that foster “American dynamism.” Trump Jr.’s involvement adds to the family’s growing crypto footprint, including American Bitcoin, which plans Nasdaq listing via a merger with Gryphon Digital Mining.
