Venture capital fund 1789 Capital, where Donald Trump Jr. is a partner, invested $300 million in Polymarket in August 2025, valuing the prediction market platform at approximately $300 million. Polymarket’s valuation surged to $15 billion by spring 2026, representing a nearly 50-fold increase. 1789 Capital’s returns reached approximately 200% by June 2026, compared to an average of 21% for other venture capital funds. The Commodity Futures Trading Commission granted Polymarket regulatory clearance on November 25, 2025, allowing the platform to operate fully in the United States. Representative Jamie Raskin launched a congressional inquiry in August 2026 to examine the links between 1789 Capital and the regulatory environment.
Source: Read the original article
