Donald Trump Jr.’s 1789 Capital has just thrown its hat (or golden retriever) into the prediction market ring, investing millions in Polymarket and snagging a seat at the advisory board table. Because nothing says “trustworthy” like a guy who once called climate change a Chinese hoax now betting on your favorite conspiracy theories. 🌪️💸
Per Axios, this cash injection follows Polymarket’s billion-dollar valuation and its U.S. market debut-courtesy of a $112 million acquisition of QCEX, complete with a shiny CFTC license. Let’s just pretend the FBI raid on CEO Shayne Coplan’s apartment last year was *totally* unrelated. 🕵️♂️💣
Pleased to announce that my fund @1789capital has invested in @Polymarket and that I will be joining the team as a Strategic Advisor.
Prediction markets have completely changed the way people follow the news. I’m proud to support the industry and look forward to helping…
– Donald Trump Jr. (@DonaldJTrumpJr) August 26, 2025
Meanwhile, Polymarket boasts $6 billion in wagers this year alone, including $3.3 billion on the Trump-Harris election. Because nothing bonds Americans like betting on whether a former president will be impeached again. 🗳️☕
Trump Jr.’s 1789 Capital already owns stakes in Anduril and SpaceX, so this move makes him the Elon Musk of “I’m not a businessman, I’m a business, baby.” His dual advisory gigs with Polymarket and Kalshi position him as the ultimate kingmaker in a sector where betting on politics is now *completely* above board. 🎩👑
As sports leagues and regulators squint suspiciously at prediction platforms, Trump Jr.’s gamble signals: “Sure, let’s turn democracy into a casino. Why not?” 🃏🇺🇸
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2025-08-26 20:53