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.