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Polymarket Secures $300 Million from 1789 Capital in $1 B Funding Round

WHY IT MATTERS

The $300 million stake from 1789 Capital boosts Polymarket’s capital base, enabling platform scaling and reinforcing investor confidence in blockchain prediction markets.

What happened

Polymarket, a decentralized prediction market platform, has secured a $300 million investment from Donald Trump Jr. ’s 1789 Capital. The capital infusion is part of a broader funding round that is expected to bring the total capital raised to approximately $1 billion. 1789 Capital led the round, positioning the firm as a key backer of Polymarket’s expansion plans. The investment underscores the growing interest in blockchain-based betting and prediction markets. Polymarket will likely use the new capital to scale its platform, enhance liquidity, and broaden its user base. The deal signals continued confidence in the market’s potential for growth and innovation.

PRIMARY SOURCES

Polymarket reportedly raises $300 million from Donald Trump Jr.’s investment fund

TechCrunch · Lucas Ropek · Discovery only; publisher copyright terms apply

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