Trump Jr. Joins Polymarket After 1789 Capital’s Investment in the Betting Platform

Highlights:

• Trump Jr. has joined Polymarket as one of its advisory board members.
• The betting platform said the move will aid its expansion in the United States.
• Trump Jr. expressed satisfaction with the move and praised Polymarket’s services.

The United States President’s son, Trump Jr., has joined Polymarket, the world’s largest prediction platform, as a member of its advisory board. The move, announced in an August 26 press release, comes alongside a strategic investment in Polymarket from Trump Jr.’s venture capital firm, 1789 Capital.

For context, 1789 Capital is a leading company with a strong interest in crypto-related infrastructures. Trump Jr is a partner at the firm, and he will bring his wealth of experience to Polymarket’s existing advisory board. Unlike other announcements, the press release did not disclose the financial terms of the new partnership.

Meanwhile, reacting to his new appointment, Trump Jr. praised Polymarket for enabling people to wager on many world events. He also emphasised the significance of the betting platform for United States citizens. “I look forward to working with the team to advance its mission of bringing truth and transparency to everyone – including the US,” Trump Jr. stated in the press release.

Donald Trump Jr. joins Polymarket’s advisory board as 1789 Capital invests tens of millions, backing the leading blockchain prediction market. Polymarket, now nearing unicorn status, offers real-time, transparent event forecasting, boosted by strategic partnerships and regulatory… pic.twitter.com/jLXQSXxxVy

— Fama Crypto (@Famacrypt) August 27, 2025

Coplan Reacts as Trump Jr. Joins Polymarket

Shayne Coplan, Polymarket’s Founder and Chief Executive Officer (CEO), described the partnership as a huge milestone for Polymarket. The betting platform CEO added that the move will help sustain Polymarket’s position as a global source for market information.

On Trump Jr.’s appointment, Coplan stated:

“We are proud to formally welcome 1789 Capital as a strategic partner and Donald Trump Jr. to our advisory board.”

Omeed Malik, 1789 Capital Founder, mentioned that Polymarket meets his company’s investment criteria, which include being entrepreneurial and innovative with massive growth potential. He also expressed willingness to support Polymarket’s vision.

Polymarket Maintains Top Spot with Huge Financial Gains

Launched in 2020, Polymarket has recorded exponential growth despite regulatory setbacks. The betting platform has processed over $8 billion in bets to date. During last year’s US presidential election, Polymarket saw about $2.5 billion in bets related to the polls.

In the first half of 2025, the betting platform generated $6 billion from bets. Last month, Polymarket announced that it had acquired Florida-based and CFTC-licensed QCEX in a $112 million deal. The acquisition coincides with the closure of the DOJ and the CFTC investigations into Polymarket for operating without proper registrations. Coplan said that the purchase will drive Polymarket’s expansion in the US market after roughly three years of restricting citizens from using the platform.

Donald Trump Jr.’s VC firm 1789 Capital invested tens of millions in Polymarket, and he joined its advisory board. Polymarket recently acquired QCEX for $112M to obtain a CFTC license and has closed investigations with the DOJ and CFTC. Trump Jr. previously served as a strategic…

— Wu Blockchain (@WuBlockchain) August 26, 2025

Polymarket’s Previous Fundraising and Partnership Deals

In June 2025, Crypto2Community reported that Polymarket was close to a $200 million fundraising that would push the platform’s valuation above $1 billion. Sources familiar with the capital raise stated that Polymarket intended to use the money to drive expansion.

In the same month, Polymarket also struck a partnership deal with Elon Musk’s X platform to become its official prediction market partner. As a result of the collaboration, Polymarket will integrate forecasts and Artificial intelligence-powered analysis from X’s AI chatbot, Grok. It will also boost Polymarket’s visibility and credibility ahead of this year’s US election cycle.