Cryptocurrencies

Trump Jr. Polymarket Funding Grants Him Advisory Board Seat

28/08/2025

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Donald Trump Jr. has joined the advisory board of Polymarket, a blockchain-powered prediction platform, following important funding by his enterprise capital agency, 1789 Capital.

In keeping with the press launch dated 27 August 2025, Trump Jr’s 1789 Capital dedicated “tens of hundreds of thousands of {dollars}” to Polymarket following 18 months of debate.

The funding in Polymarket displays 1789 Capital’s broader mission to assist applied sciences that embody what it calls “American dynamism”, a rising theme amongst conservative enterprise capitalists targeted on home innovation and financial resilience.

Happy to announce that my fund @1789capital has invested in @Polymarket and that I might be becoming a member of the workforce as a Strategic Advisor.

Prediction markets have utterly modified the best way folks observe the information. I am proud to assist the business and look ahead to serving to… https://t.co/C3QlMEKQFe

— Donald Trump Jr. (@DonaldJTrumpJr) August 26, 2025

18 Months Of Discussions Behind “Tens Of Thousands and thousands Of {Dollars}” In Funding

For the uninitiated, Polymarket is a blockchain-based prediction platform the place customers guess on real-world outcomes. The matters of those wagers can vary from elections and court docket rulings to geopolitical flashpoints.

To this point, the platform has processed over $8 billion in bets, together with $2.5 billion throughout the 2024 US election cycle, making it the world’s most energetic prediction market by buying and selling quantity.

Trump Jr. heaped praises on Polymarket’s potential to “reduce via media spin and so-called ‘skilled’ opinion by letting folks guess on what they really imagine will occur.”

Concurrently, Polymarket’s CEO Shayne Coplan hailed this partnership as “a major milestone” for the corporate.

Trump Jr.’s Polymarket advisory board appointment comes because the platform experiences a serious development spurt, attracting $6 billion in wagers within the first half of 2025 alone.

Coplan acknowledged, “We’re proud to formally welcome 1789 Capital as a strategic companion and Donald Trump Jr. to our advisory board as we proceed constructing our platform to mirror real-world sentiment, in actual time, for all to see.”

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

A whole lot of eyeballs are presently on the prediction platform, due to its speedy development and up to date regulatory breakthroughs.

It’s near finalising a $200 million funding spherical led by the Peter Thiel-backed Founders Fund, squarely placing Polymarket throughout the $1 billion valuation vary, thereby granting it Unicorn standing.

Polymarket has acquired QCEX, a CFTC-regulated alternate and clearinghouse, for $112 million.

This paves the best way for us to welcome American merchants once more.

I’ve waited a very long time to say this:

Polymarket is coming house 🇺🇸🦅 pic.twitter.com/Qjd5ZbUwKi

— Shayne Coplan 🦅 (@shayne_coplan) July 21, 2025

Moreover, the corporate lately acquired QCEX, a U.S.-licensed derivatives alternate for $112 million, which might probably lead to Polymarket’s US return after years of absence.

The platform has blocked all US customers since 2022 following a regulatory settlement over unauthorised entry. Nonetheless, the US Division of Justice (DOJ) and the Commodity Futures Buying and selling Fee (CFTC) formally closed their investigations into this matter on 15 July 2025, clearing the best way for its re-entry within the US market.

JUST IN: 🇺🇸 US Division of Justice ends investigation into crypto prediction platform Polymarket. pic.twitter.com/JDXqA9GazY

— Watcher.Guru (@WatcherGuru) July 15, 2025

Additional to this, in June, Polymarket partnered with Elon Musk’s X platform, turning into its official prediction market companion. The combination of Polymarket with X contains forecasts together with AI-powered insights from Musk’s chatbot, Grok.

1789 Capital’s founder, Omeed Malik, acknowledged, “Polymarket stands on the intersection of free expression and monetary innovation by empowering people with real-time reality in a world clouded by noise, and we’re proud to assist its imaginative and prescient.”

Customers typically view prediction markets reminiscent of Polymarket to be extra correct than conventional polling since they’re sooner than surveys in capturing public sentiments.

That is strengthened by its buying and selling exercise surpassing sports activities betting giants reminiscent of FanDuel and DraftKings.

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Trump Bros Go Full Crypto

Trump Jr. has been steadily increasing his presence within the crypto sphere. In July this yr, he invested $4 million in Thumzup Media Corp., a Los Angeles startup that pays customers to advertise manufacturers on Instagram.

Whereas the corporate holds Bitcoins in its stability sheet, it has been posting heavy losses. Nonetheless, its board lately authorised plans to carry as much as $250 million in crypto, together with belongings like Ether, Solana, Dogecoin, XRP and USDC.

In the meantime, Eric Trump’s enterprise, American Bitcoin, majority-owned by mining agency Hut 8, raised $220 million to fund large-scale Bitcoin mining and reserves. In keeping with SEC filings, part of the increase was performed in Bitcoin as a substitute of money.

American Bitcoin is getting ready for a Nasdaq itemizing beneath the ticker ABTC, via a merger with Gryphon Digital Mining. As soon as listed, the merger will grant the Trump brothers and present shareholders 98% management.

Moreover, studies surfaced on 16 August 2025, that the Trump brothers wish to construct a company Bitcoin holding on the size of Michael Saylor’s Technique by way of acquisitions in Asia.

A whole lot of rumors are swirling about our crypto venture. To get the true story and keep up to date with official bulletins, be part of our official Telegram channel. Don’t depend on hypothesis—get the information straight right here!https://t.co/wVPMEJTpKy

— Donald Trump Jr. (@DonaldJTrumpJr) August 15, 2024

The exact same day, Trump Jr. launched a Telegram channel referred to as The DeFiant Ones to advertise an upcoming family-backed crypto venture. The channel, since then, has gained 13000 subscribers and has positioned itself as the one official supply for updates.

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