It has been revealed that 1789 Capital, an investment fund where Donald Trump Jr. serves as a partner, is making an additional investment of approximately $300 million (equivalent to 48 billion yen) in Polymarket, a major U.S. prediction market operator.
The investment is part of a $1 billion funding round led by 1789, with Polymarket's valuation expected to reach $21 billion, according to sources familiar with the matter as reported by The Wall Street Journal on the 31st.