The 1789 Capital fund, in which Donald Trump Jr. is a partner, plans to invest another approximately $300 million in Polymarket. This investment is part of a $1 billion funding round led by the fund itself; the platform’s valuation will then reach about $21 billion.
Previously, 1789 Capital had already invested around $200 million in Polymarket. Following the new funding round, the fund will become one of the platform’s largest investors. Currently, the Intercontinental Exchange remains the largest investor, with its 22% stake valued at $1.6 billion.
Continue reading this article on source: wsj.com