Date of Publication: August 26, 2025, 01:44h.
Last Updated: August 26, 2025, 01:54h.
- Investment details not disclosed
- Trump Jr. joins advisory board of Polymarket
- Investigations into Polymarket by Justice Department and CFTC were concluded in July
In a recent announcement, Donald Trump Jr. revealed that his venture capital firm is making a significant investment in Polymarket and will also be joining its advisory board.
According to Axios, Trump Jr.’s firm, 1789 Capital, is making a multimillion-dollar investment with double-digit figures in Polymarket, although specifics regarding the investment have not been released.
In addition to Polymarket, Trump Jr. is part of the advisory board for Kalshi, another prediction market, though Polymarket currently boasts a significantly higher trading volume. It has been noted that his advisory role at Kalshi is compensated.
Established in 2020, Polymarket operates as a decentralized, blockchain-based platform dependent on cryptowallet usage, allowing users to engage in buying and selling contracts based on future real-world events.
Valuation of One Billion Dollars
The platform has faced legal challenges over the past year and, while available globally, U.S. users are currently restricted from participating.
In 2022, Polymarket was fined US$1.4 million by the Commodity Futures Trading Commission (CFTC) for unauthorized operations.
However, in 2024, Poslymarket obtained a CFTC-licensed exchange (QCEX) in a transaction valued at US$112 million, making it possible for U.S. users to gain access to the platform in the near future. This past June, Polymarket also announced a strategic partnership with X, designating it as their official prediction market affiliate. The company has recently achieved a valuation of US$1 billion.
End of Investigations
As of July 2025, the Trump administration has concluded investigations by the Justice Department and CFTC regarding Polymarket, following a series of regulatory actions against crypto enterprises and online betting services initiated by the Biden administration. Notably, in November 2024, the FBI conducted a raid on the residence of Polymarket CEO Shayne Coplan, confiscating electronic devices and cellphones.
Polymarket encompasses a diverse array of markets, spanning politics, sports, and entertainment, including celebrity events and scandals. Its decentralized structure enables the swift creation of markets in response to user demand. During the U.S. presidential election in November 2024, Polymarket registered impressive trading volume exceeding US$3.6 billion, as analyzed by NBC.
QCEX Acquisition Facilitates U.S. Market Re-Entry
Shayne Coplan, CEO of Polymarket, stated, “This strategic investment is a pivotal development for Polymarket. Our long-term collaboration with 1789 Capital will bolster Polymarket’s standing as a reliable source of transparent and accurate market insights both in the U.S. and globally.”
“We are excited to officially welcome 1789 Capital onboard as a strategic ally and Donald Trump Jr. to our advisory board as we strive to enhance our platform to accurately reflect real-world sentiments, accessible for all.”
$6 Billion in Market Transactions
According to a company statement released on Tuesday, users have engaged in US$6 billion worth of predictions on the platform.
“Polymarket stands as the world’s largest prediction market, and it is essential that the U.S. gains access to this influential platform,” stated Donald Trump Jr. “Polymarket allows individuals to bypass media biases and self-proclaimed ‘experts’ by enabling them to wager on what they genuinely believe will transpire.”
“I am thrilled to announce that 1789 Capital is investing in Polymarket and consider it a privilege to join the advisory board. I eagerly anticipate collaborating with the team to further their mission of fostering truth and transparency for everyone—including those in the U.S.”