Overview
- Polymarket announced that Donald Trump Jr. joined its advisory board as his firm 1789 Capital made a strategic investment.
- Trump Jr. also serves as a paid strategic adviser to Kalshi, placing him in advisory roles at both major U.S. prediction markets.
- Investment terms were not disclosed by Polymarket, though Axios reporting cited by Crypto Briefing described a double‑digit million‑dollar deal.
- Polymarket says it secured a CFTC license through its $112 million acquisition of QCEX, and Crypto Briefing reports recent DOJ and CFTC inquiries have been closed.
- The company reported about $6 billion in trades in the first half of 2025, reflecting rising interest in event‑based markets.