GoKawiilPolymarket secures $300M from Trump Jr.-linked 1789 Capital in $1B round
Polymarket has reportedly raised $300 million from 1789 Capital, an investment fund with Donald Trump Jr. as a partner, as part of a roughly $1 billion funding round according to the Wall Street Journal. This adds to a prior $200 million investment from the same fund, which has also backed other controversial ventures like the Enhanced Games.
GoKawiil's interpretation of the reporting above, not reported fact.
The investment deepens ties between the Trump family and the prediction market industry at a moment when states and the federal government are locked in a legal battle over who should regulate these platforms. With the CFTC suing multiple states and Trump Jr. publicly defending federal oversight of prediction markets, this funding raises questions about potential conflicts of interest shaping regulatory policy.
- 1789 Capital, tied to Donald Trump Jr., has now invested $500 million total in Polymarket.
- The deal comes amid a fight between the CFTC and at least 20 states over regulating prediction market sports wagers.
- Trump Jr. has publicly argued prediction sites should be federally regulated, not by state attorneys general.
Source: techcrunch.com — Lucas Ropek, 2026-08-31
Published there as: “Polymarket reportedly raises $300 million from Donald Trump Jr.’s investment fund”
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