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    Donald Trump Jr. Joins Polymarket Advisory Board Following 1789 Capital’s Major Investment

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    Donald Trump Jr. Joins Polymarket Advisory Board Following 1789 Capital’s Major Investment

    Donald Trump Jr. has joined the advisory board of Polymarket, a blockchain-powered prediction platform, following significant investment by his venture capital firm, 1789 Capital.

    According to the press release dated 27 August 2025, Trump Jr’s 1789 Capital committed “tens of millions of dollars” to Polymarket following 18 months of discussion.

    The investment in Polymarket reflects 1789 Capital’s broader mission to support technologies that embody what it calls “American dynamism”, a growing theme among conservative venture capitalists focused on domestic innovation and economic resilience.

    18 Months Of Discussions Behind “Tens Of Millions Of Dollars” In Investment

    For the uninitiated, Polymarket is a blockchain-based prediction platform where users bet on real-world outcomes. The topics of these wagers can range from elections and court rulings to geopolitical flashpoints.

    So far, the platform has processed over $8 billion in bets, including $2.5 billion during the 2024 US election cycle, making it the world’s most active prediction market by trading volume.

    Trump Jr. heaped praises on Polymarket’s ability to “cut through media spin and so-called ‘expert’ opinion by letting people bet on what they actually believe will happen.”

    Simultaneously, Polymarket’s CEO Shayne Coplan hailed this partnership as “a significant milestone” for the company.

    Trump Jr.’s Polymarket advisory board appointment comes as the platform experiences a major growth spurt, attracting $6 billion in wagers in the first half of 2025 alone.

    Coplan stated, “We are proud to formally welcome 1789 Capital as a strategic partner and Donald Trump Jr. to our advisory board as we continue building our platform to reflect real-world sentiment, in real time, for all to see.”

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    Polymarket Eyes US Comeback With $1B Valuation After Regulatory Clearance

    A lot of eyeballs are currently on the prediction platform, thanks to its rapid growth and recent regulatory breakthroughs.

    It is close to finalising a $200 million funding round led by the Peter Thiel-backed Founders Fund, squarely putting Polymarket within the $1 billion valuation range, thereby granting it Unicorn status.

    Additionally, the company recently acquired QCEX, a U.S.-licensed derivatives exchange for $112 million, which could potentially result in Polymarket’s US return after years of absence.

    The platform has blocked all US users since 2022 following a regulatory settlement over unauthorised access. However, the US Department of Justice (DOJ) and the Commodity Futures Trading Commission (CFTC) officially closed their investigations into this matter on 15 July 2025, clearing the way for its re-entry in the US market.

    Further to this, in June, Polymarket partnered with Elon Musk’s X platform, becoming its official prediction market partner. The integration of Polymarket with X includes forecasts along with AI-powered insights from Musk’s chatbot, Grok.

    1789 Capital’s founder, Omeed Malik, stated, “Polymarket stands at the intersection of free expression and financial innovation by empowering individuals with real-time truth in a world clouded by noise, and we are proud to support its vision.”

    Users generally view prediction markets such as Polymarket to be more accurate than traditional polling since they are faster than surveys in capturing public sentiments.

    This is reinforced by its trading activity surpassing sports betting giants such as FanDuel and DraftKings.

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    Trump Bros Go Full Crypto

    Trump Jr. has been steadily expanding his presence in the crypto sphere. In July this year, he invested $4 million in Thumzup Media Corp., a Los Angeles startup that pays users to promote brands on Instagram.

    While the company holds Bitcoins in its balance sheet, it has been posting heavy losses. Still, its board recently approved plans to hold up to $250 million in crypto, including assets like Ether, Solana, Dogecoin, XRP and USDC.

    Meanwhile, Eric Trump’s venture, American Bitcoin, majority-owned by mining firm Hut 8, raised $220 million to fund large-scale Bitcoin mining and reserves. According to SEC filings, a part of the raise was conducted in Bitcoin instead of cash.

    American Bitcoin is preparing for a Nasdaq listing under the ticker ABTC, through a merger with Gryphon Digital Mining. Once listed, the merger will grant the Trump brothers and existing shareholders 98% control.

    Additionally, reports surfaced on 16 August 2025, that the Trump brothers are looking to build a corporate Bitcoin holding on the scale of Michael Saylor’s Strategy via acquisitions in Asia.

    The very same day, Trump Jr. launched a Telegram channel called The DeFiant Ones to promote an upcoming family-backed crypto project. The channel, since then, has gained 13000 subscribers and has positioned itself as the only official source for updates.

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    Key Takeaways

    • Trump Jr. granted an advisory seat after significant investment in Polymarket via his venture capital firm, 1879 Capital
    • Polymarket is eyeing a US return after acquiring US-licensed derivatives firm, QCEX
    • The investment in Polymarket followed after 18 months of deliberations

    The post Donald Trump Jr. Joins Polymarket Advisory Board Following 1789 Capital’s Major Investment appeared first on 99Bitcoins.

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