Donald Trump Jr Backs Polymarket's $112 million US Relaunch

- Donald Trump Jr., via 1789 Capital, has strategically invested in Polymarket, a leading prediction markets platform. - Polymarket aims to re-enter the U.S. market after securing a CFTC-licensed exchange. Donald Trump Jr. is shaking up the prediction markets landscape with a significant investment in Polymarket through his venture capital firm, 1789 Capital. On August 26, 2025, Crypto Briefing reported that the undisclosed “double-digit” million-dollar investment will drive Polymarket's ambitious U.S. expansion. According to reports from Investing.com and XT.com on the same day, Trump Jr. is also joining Polymarket's advisory board as part of the deal, signaling a deeper involvement in shaping its future. Polymarket announced its intent to re-enter the U.S. market following its $112 million acquisition of QCEX, a Commodity Futures Trading Commission (CFTC)-licensed exchange. This acquisition provides Polymarket with a federally regulated pathway to operate legally across the United States, allowing the platform to sidestep the patchwork of state-level gambling restrictions that previously hampered its reach. A 2022 settlement with the CFTC barred Polymarket from serving U.S. users, but the platform has since achieved remarkable growth on the global stage. In the first half of 2025 alone, the platform reportedly facilitated over $6 billion in user predictions, solidifying its status as the world's largest prediction markets platform. The anticipated U.S. relaunch, therefore, marks a critical milestone in its evolution. In a statement on August 26, Donald Trump Jr., an investor through 1789 Capital, praised Polymarket’s unique ability to disrupt conventional narratives. He said, "Polymarket cuts through media spin and so-called 'expert' opinion by letting people bet on what they actually believe will happen in the world." His strategic investment bolsters Polymarket as it faces competitors like Kalshi, where Trump Jr. also serves as a strategic advisor, as well as emerging players like Coinbase and Robinhood, which are both exploring the prediction markets sector. The prediction markets industry is heating up, with platforms vying for dominance as public interest grows in forecasting major political and social events, such as the 2024 U.S. presidential election. Consequently, Polymarket is leveraging QCEX's federal license to capitalize on this demand while ensuring full regulatory compliance.