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Donald Trump Jr. Becomes Member of Polymarket Advisory Board After Significant Investment from 1789 Capital
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Donald Trump Jr. Becomes Member of Polymarket Advisory Board After Significant Investment from 1789 Capital

Aug 27, 2025

Donald Trump Jr. has become a member of the advisory board for Polymarket, a prediction platform powered by distributed ledger technology, after a substantial investment from his venture capital company, 1789 Capital.

As stated in the press release issued on 27 August 2025, Trump Jr.’s 1789 Capital promised “tens of millions of dollars” to Polymarket after 18 months of negotiation.

This investment in Polymarket aligns with 1789 Capital’s larger objective of promoting technologies that represent what it describes as “American dynamism,” an emerging trend among conservative venture capitalists prioritizing domestic innovation and economic stability.

18 Months Of Talks Behind “Tens Of Millions Of Dollars” Investment

For those unfamiliar, Polymarket is a prediction network utilizing blockchain where users wager on real-world events. These bets can cover a wide array of topics, from elections to court decisions and global tensions.

To date, the protocol has processed over $8 billion in wagers, including $2.5 billion during the 2024 US election period, making it the most active prediction trading market globally in terms of trading volume.

Trump Jr. praised Polymarket’s capacity to “cut through media bias and so-called ‘expert’ analysis by enabling individuals to bet on what they genuinely believe will occur.”

At the same time, Polymarket’s CEO Shayne Coplan regarded this partnership as “a significant achievement” for the company.

Trump Jr.’s advisory role at Polymarket coincides with the platform’s notable growth, drawing in $6 billion in wagers during the first half of 2025 alone.

Coplan noted, “We are excited to officially welcome 1789 Capital as a strategic partner and Donald Trump Jr. to our advisory board as we build our platform to reflect real-time public sentiment for everyone to observe.”

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Polymarket Aiming for US Comeback With $1B Valuation Following Regulatory Approval

The prediction protocol is currently capturing a lot of attention due to its swift expansion and recent regulatory successes.

It is nearing finalizing a $200 million funding round led by the Founders Fund, backed by Peter Thiel, positioning Polymarket to reach a valuation of $1 billion, thus granting it Unicorn status.

Moreover, the company recently purchased QCEX, a U.S.-licensed derivatives trading network for $112 million, which could lead to Polymarket’s return to the U.S. after years of absence.

Since 2022, the network has prohibited U.S. users following a regulatory settlement over unauthorized access. Nonetheless, on 15 July 2025, the U.S. Department of Justice (DOJ) and the Commodity Futures Trading Commission (CFTC) officially concluded their investigations into this issue, opening the door for its return to the U.S. crypto market.

Additionally, in June, Polymarket partnered with Elon Musk’s X protocol, becoming its official partner for prediction markets. The strategic alliance with X integrates Polymarket for forecasts and AI-driven insights via Musk’s chatbot, Grok.

Omeed Malik, founder of 1789 Capital, remarked, “Polymarket finds itself at the crossroads of free speech and financial innovation by equipping individuals with real-time truths in a landscape filled with noise, and we are proud to be a part of its vision.”

Users typically consider prediction markets like Polymarket to be more precise than conventional polling because they more swiftly capture public sentiment.

This is evidenced by its trading volume exceeding that of sports betting powerhouses like FanDuel and DraftKings.

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The Trump Brothers Embrace Full Crypto

Trump Jr. has been progressively enhancing his footprint in the digital currency realm. In July of this year, he invested $4 million into Thumzup Media Corp., a startup based in Los Angeles that compensates users for promoting brands on Instagram.

Despite the company holding Bitcoins on its balance sheet, it has incurred significant losses. Nonetheless, its board recently sanctioned plans to maintain up to $250 million in cryptocurrencies, including assets such as Ether, Solana, Dogecoin, XRP, and USDC.

Meanwhile, Eric Trump’s venture, American Bitcoin, primarily owned by the crypto mining company Hut 8, secured $220 million to enhance large-scale Bitcoin mining and reserves. According to SEC filings, part of the funding was raised in BTC rather than cash.

American BTC is preparing for a listing on Nasdaq under the ticker ABTC, through a merger with Gryphon Digital Crypto mining. Upon listing, the merger will grant the Trump brothers and existing stakeholders 98% control.

Additionally, reports emerged on 16 August 2025, indicating that the Trump brothers are contemplating establishing a corporate Bitcoin holding on par with Michael Saylor’s strategy through acquisitions in Asia.

On that same day, Trump Jr. initiated a Telegram channel titled The DeFiant Ones to promote an upcoming family-supported digital currency project. The channel has since attracted 13,000 subscribers and has established itself as the sole official source for updates.

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Key Takeaways

  • Trump Jr. appointed to an advisory role following a substantial investment in Polymarket through 1789 Capital
  • Polymarket is preparing for a return to the U.S. after acquiring US-licensed derivatives firm, QCEX
  • The investment in Polymarket followed an 18-month negotiation period

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

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