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Trump Jr. Joins Polymarket Advisory Board

Trump's son is investing in Polymarket via his venture firm 1789 Capital. He already holds an advisory role at competitor Kalshi.
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Aug 26, 2025 • 1 min read

Donald Trump Jr. is backing crypto prediction market Polymarket as both an investor and advisor, despite already holding a similar role with its chief competitor.

What’s the Scoop?

  • Double Dipping: Trump Jr. joined Polymarket’s advisory board just months after becoming a strategic advisor to Kalshi, a rival prediction platform.
  • New Capital Inbound: The investment comes via 1789 Capital, a venture firm where Trump Jr. is a partner. Terms of the deal were not disclosed.
  • 2024 Surge: Polymarket rose to mainstream prominence during the 2024 U.S. election, letting users bet on political outcomes using crypto.
  • Regulatory Comeback: After a 2022 CFTC settlement, Polymarket is re-entering the U.S. by acquiring regulated exchange QCEX for $112 million.

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