Donald Trump Jr. Becomes Member of Polymarket Advisory Board Following Strategic Investment

Trump Jr.'s Investment: Donald Trump Jr. has invested tens of millions in Polymarket, a prediction markets platform, through his venture capital firm 1789 Capital and joined its advisory board.

Advisory Roles: He also advises Kalshi, a U.S.-regulated rival to Polymarket, indicating a strategy to engage with both regulated and crypto-based betting platforms.

Growth of Polymarket: Polymarket gained significant traction during the 2024 U.S. election cycle, processing $6 billion in trades in the first half of 2025, compared to $500 million for all of 2022.

Regulatory Challenges: The company faced regulatory issues in the past, including a $1.4 million fine from the CFTC, but has since acquired QCEX, allowing it to re-enter the U.S. market legally.