1789 Capital Plans $300 Million Additional Investment in Polymarket, Valuation Could Reach $21 Billion

1789 Capital, a firm where Donald Trump Jr. serves as a partner, plans to invest approximately $300 million into the prediction market platform Polymarket. This investment is part of a larger $1 billion funding round led by 1789 Capital, which would bring Polymarket's total valuation to roughly $21 billion. Having previously invested $200 million, 1789 Capital is set to become one of the platform's largest shareholders. Currently, Intercontinental Exchange (ICE) remains the largest investor, holding a 22% stake valued at $1.6 billion.