1789 Capital, the investment firm linked to Donald Trump Jr., is reportedly set to lead a 1 billion dollar investment round in Polymarket, valuing the platform at 21 billion dollars. The firm will invest approximately 300 million dollars in this round, bringing its total investment in Polymarket to about 500 million dollars. ICE remains Polymarket’s largest disclosed investor with 1.6 billion dollars invested, representing approximately 22% of outstanding shares. Prediction markets are facing increasing regulatory scrutiny, with JPMorgan Chase ending its banking relationship with Polymarket on August 14 over regulatory concerns.
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