The prediction platform Polymarket, has raised a double-digit million-dollar stake from Donald Trump Jr.’s venture capital investment firm, 1789 Capital. The investment also includes Trump Jr. joining Polymarket’s advisory board, further entrenched in his role in the rapidly growing predictions space.
According to the Axios report, the investment comes after Founders Fund valued Polymarket at more than $1 billion and follows the company’s entry into the U.S. market. The company earlier in the year acquired derivatives exchange QCEX for $112 million, acquiring a much-sought-after CFTC license in the process.
That deal, coupled with Department of Justice and CFTC investigations closing, including an FBI raid last November on CEO Shayne Coplan’s apartment, has cleared the way for regulated U.S. entry.
Polymarket says it has had over $6 billion in predictions to date in 2025, with $3.3 billion in bets on last year’s Trump–Harris presidential election. Up until now, the site excluded American users, but the QCEX partnership may soon have Americans welcome back.
Trump Jr.’s company, 1789 Capital, already has stakes in top-grossing companies such as Anduril and SpaceX, and considers Polymarket an IPO contender. His twin advisory positions with both Polymarket and Kalshi, a regulated U.S. prediction market, put him in the middle of an industry ready to go mainstream.
While sports leagues and regulators are increasingly scrutinizing prediction platforms, Trump Jr.’s investment indicates increasing institutional faith in their future as financial instruments drawing the distinction between betting, markets, and politics.
Also Read: Polymarket Buys CFTC-Licensed QCEX exchange for $112 Million
