Trump Jr’s fund 1789 Capital leads a $1bn round valuing Polymarket at $21bn
THE SO WHAT
A $1B round valuing Polymarket at $21B—led by a politically connected fund whose partner also advises its main rival—pushes prediction markets from crypto niche into politicized financial infrastructure. If you operate in fintech or policy-adjacent domains, start thinking about how market-based “truth surfaces” might intersect with regulation, campaigns, and risk models.
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