- 1789 Capital will become one of the largest investors polymarket.
- Donald Trump Jr. became a partner at 1789 Capital after the 2024 presidential election.
1789 Capital, a venture capital firm associated with Donald Trump Jr., will lead a funding round for forecasting platform Polymarket . According to The Wall Street Journal, the investment will total approximately $1 billion, valuing the company at $21 billion.
Donald Trump Jr. became a partner at 1789 Capital after the 2024 presidential election. He later joined the advisory board of Polymarket after the company invested in the project.
1789 Capital representative Alexa Henning confirmed the terms of the deal, noting that the final amounts and participant composition are subject to change. The fund plans to invest approximately $300 million, which, combined with its previous $200 million investment, would make it one of the platform's largest investors.
Intercontinental Exchange remains another major shareholder, controlling approximately 22% of Polymarket shares . The NYSE operator previously invested $600 million in the project.
Over the past year, the assessment polymarket has grown significantly. If in October 2025 it was about $9 billion, then by April 2026 this figure reached $15 billion. For comparison, the competitor Kalshi recently raised $1 billion at a valuation of $22 billion, which Reported redaction Happy Coin News.
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