{
  "id": 4816902,
  "title": "Trump Jr.-linked 1789 Capital leads Polymarket’s $1B raise: Report",
  "url": "https://urgent.news/2026/09/01/trump-jr-linked-1789-capital-leads-polymarkets-1b-raise-report",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-01T07:47:13.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/news/trump-jr-linked-fund-invest-300m-polymarket-1b-round"
  },
  "original_language": "en",
  "account": "Polymarket, a blockchain-based prediction market, has reportedly secured a $1 billion investment round led by Donald Trump Jr.-linked investment firm 1789 Capital. This investment would value Polymarket at $21 billion, just behind Kalshi's $22 billion valuation. The $300 million contribution from 1789 Capital, where Donald Trump Jr. is a partner, would increase the firm's total investment in Polymarket to approximately $500 million, making it one of the platform's largest backers. ICE remains Polymarket's largest disclosed investor, having previously invested $1.6 billion in the company. The investment round was discussed in July, when Polymarket began talks to raise $400 million at a potential $15 billion valuation, below Kalshi's $22 billion valuation. Prediction markets face growing regulatory scrutiny in the US and worldwide, with JPMorgan Chase ending its banking relationship with Polymarket in August over regulatory concerns. Over a dozen US states have taken legal action against Polymarket and Kalshi over sports event contracts, and authorities in several countries have also restricted access to Polymarket.",
  "summary": "Donald Trump Jr.-linked 1789 Capital will reportedly lead a $1 billion investment round into Polymarket, which would value the platform at $21 billion, just below Kalshi’s $22 billion valuation.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Donald Trump Jr’s venture capital firm leads US$1 billion funding round for Polymarket",
        "url": "https://urgent.news/2026/09/01/donald-trump-jrs-venture-capital-firm-leads-us-1-billion-funding",
        "published": "2026-09-01T01:49:29.000Z"
      },
      {
        "outlet": "CoinDesk",
        "title": "Trump Jr's firm leads $1 billion Polymarket raise at $21 billion value: Report",
        "url": "https://urgent.news/2026/09/01/trump-jrs-firm-leads-1-billion-polymarket-raise-at-21-billion-value",
        "published": "2026-09-01T04:19:54.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}