Donald Trump Jr. has invested “double-digit millions” into Polymarket, a blockchain-based prediction platform, through his venture capital firm 1789 Capital, according to Reuters. The move positions Trump Jr. not only as a financial backer but also as a new member of the platform’s advisory board.
A billion-dollar platform under scrutiny
The deal comes as Polymarket’s valuation surpasses $1 billion, reported by CoinDesk. The company has recently overcome regulatory challenges after investigations from the CFTC and the Department of Justice, paving the way for expansion into the U.S. market.
Conflicts of interest raised
Trump Jr. had already been advising Kalshi, a rival prediction platform, earlier this year. His dual role with both companies raises questions about potential conflicts of interest, highlighted by Axios. Despite this, Polymarket expects his involvement to bring greater visibility and strategic connections.
Future outlook
With a stronger regulatory footing and fresh capital injection, Polymarket is preparing to re-enter the U.S. market. Analysts argue the move underscores how prediction markets are gaining legitimacy, blending crypto innovation with financial speculation. Coverage from the Times of India points to rising interest from global investors.
The intersection of politics, finance, and blockchain technology makes this investment one of the most watched deals in the prediction market sector in 2025.
Sources: Reuters, Axios, CoinDesk, Times of India
