Prediction market platform Polymarket has raised $300 million from 1789 Capital, an investment fund where Donald Trump Jr. is a partner, as part of a larger funding round totaling approximately $1 billion. The investment comes amid intensifying regulatory battles between state governments and the federal CFTC over the oversight of prediction markets.
Background
Polymarket is a leading cryptocurrency-based prediction market platform that allows users to trade on real-world events. Prediction markets face mounting regulatory pressure from multiple states seeking to restrict sports wagering, while the Trump administration has positioned the CFTC as the sole federal regulator.
- Source
- TechCrunch
- Published
- Sep 1, 2026 at 07:41 AM
- Score
- 6.0 / 10