Trump Jr’s fund 1789 Capital leads a $1bn round valuing Polymarket at $21bn
ThinkingNews Desk · how this was written
Polymarket has secured a financing round of roughly $1 billion, led by 1789 Capital, which values the prediction-market platform at about $21 billion post-money. Donald Trump Jr. is a partner at 1789 Capital and serves as an adviser to Polymarket. The round’s leadership and the valuation were confirmed across multiple reports.
Written from all 3 reports below, not from any single one.
How it was reported
- TechMeme·Sources: Polymarket will raise $1B led by 1789 Capital at a $21B post-money valuation; Donald Trump Jr. is a partner at 1789 and adviser to Polymarket (Amanda L. Gordon/Bloomberg)
Polymarket will receive $1 billion in a financing round led by 1789 Capital, valuing the prediction-market platform at $21 billion post-money; Donald Trump Jr. is a partner at 1789 and an adviser to Polymarket. Tim Cook transitioned Apple’s CEO role to John Ternus, staying on as executive chair after growing Apple’s market cap from under $350 billion in 2011 to $4.6 trillion and FY 2026 revenue to about $477 billion. The U.S. FTC and 22 state attorneys general sued Amazon, alleging more than $20 billion in hidden advertiser surcharges since 2019 that were passed to consumers.
- TechCrunch·Polymarket reportedly raises $300 million from Donald Trump Jr.’s investment fund
Polymarket secured a $300 million investment from 1789 Capital, Donald Trump Jr.’s fund, bringing the round’s total to roughly $1 billion and adding to the fund’s prior $200 million stake. The platform faces heightened regulatory pressure, with at least 20 states litigating over sports wagers and the CFTC contesting state attempts to regulate the industry.
- The Next Web·Trump Jr’s fund 1789 Capital leads a $1bn round valuing Polymarket at $21bn
Donald Trump Jr., via 1789 Capital, is investing about $300 million in a $1 billion financing round that raises Polymarket’s valuation to $21 billion, bringing his total commitment to roughly $500 million after a previous $200 million investment. The valuation rose 40% from $15 billion amid ongoing U.S. regulatory disputes over sports contracts and differing European gambling rulings. Investors anticipate a favorable CFTC decision, a sports-ban defeat, and future entry into European markets.
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