A New Era for Polymarket: Donald Trump Jr. as a Strategic Advisor and Investor
The 1789 Capital investment fund, co-founded by the son of the current US President Donald Trump Jr., has announced a strategic investment in the Polymarket forecast markets platform. As part of this collaboration, Donald Trump Jr. also took a seat on the company's advisory board, marking an important milestone in the development of the service.
This event comes amid Polymarket's active preparations to resume its operations in the United States. Previously, the company acquired the licensed exchange QCEX for an impressive amount of $112 million, which creates a legal basis for returning to the American market.
In addition, Polymarket has entered into a landmark partnership agreement with the social network "X", under which the platform will become the exclusive provider of forecast markets functionality. Such integration can significantly expand the audience and influence of the service. The platform's financial performance is showing rapid growth: in the first half of 2025 alone, the volume of transactions made by users reached $6 billion.
Polymarket's CEO, Shane Coplan, commented on the deal with 1789 Capital, calling it a key step for the company's further scaling. In his opinion, this partnership will not only attract additional resources, but also contribute to strengthening Polymarket's reputation as a leading source of transparent and reliable forecasts for events in the United States and around the world.
Mark Patterson is the news writer at CasinosInCanada who covers the latest developments in the iGaming industry, including casino launches, regulations, and market updates.
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Here’s what bothers me. First a partnership with X, now Trump. Smells like a monopoly on “correct” predictions. They’ll shape public opinion however they like. Don’t fall for it, people, think for yourselves!
Wow!
From a business perspective – brilliant move. Bringing in such a media figure before entering the US market is a huge PR win. If they had stock, it would skyrocket. I bet their token, if launched, will take off too.
Yeah right, as if Trump will bring “transparency.” They just want to take over another promising market. Nothing personal, just business. Damn, six billion in half a year… I won’t make that in a lifetime at the factory. Where is the world heading?