Trump Jr.-linked 1789 Capital to lead Polymarket's $1 billion funding round
Source Summary
1789 Capital, linked to Donald Trump Jr., will reportedly lead a $1 billion investment round in Polymarket, valuing the prediction market platform at $21 billion. This valuation places Polymarket just below competitor Kalshi, which is valued at $22 billion.
Why it matters
The funding round signals significant investor confidence in prediction market platforms and establishes Polymarket as a major competitor in the sector.
