TechBloomberg1h ago
Polymarket will raise $1B led by 1789 Capital at a $21B post-money
Sources: Polymarket will raise $1B led by 1789 Capital at a $21B post-money valuation; Donald Trump Jr. is a partner at 1789 and adviser to Polymarket
TL;DRPrediction market platform Polymarket raising $1B at $21B valuation, led by Trump Jr.'s firm.
Why it matters: Shows venture money flooding prediction markets amid political interest; raises questions about conflicts of interest.
Venture capital firm 1789 Capital is leading a new funding round for Polymarket that will give the prediction-markets platform a $21 billion post-money valuation.
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