1789 Capital plans to invest an additional $300 million in Polymarket, with a valuation of $21 billion

According to The Wall Street Journal, 1789 Capital, with Donald Trump Jr. as a partner, plans to invest approximately $300 million in predictive market platform Polymarket. This investment is part of a $1 billion financing led by 1789 Capital, and upon completion of the financing, Polymarket's valuation will reach $21 billion. 1789 Capital has invested approximately $200 million in Polymarket and will become one of its largest investors upon completion of this round. The largest investor in Polymarket currently is the Intercontinental Exchange (ICE), holding shares worth $1.6 billion, accounting for approximately 22% of the company's issued shares.