Sources: Polymarket will raise $1B led by 1789 Capital at a $21B post-money valuation; Donald Trump Jr. is a partner at 1789 and adviser to Polymarket
THE SO WHAT
A $1B round at a $21B valuation for Polymarket pushes prediction markets from niche crypto product to a potential macro asset class. If this holds, expect more enterprises and funds to experiment with internal and external forecasting markets as decision infrastructure, not just side bets.
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