The investment fund 1789 Capital will lead a new financial round. Donald Trump Jr. is a partner in this organization. The information is reported by the reputable publication The Wall Street Journal. The source refers to its own informed sources. Information about the preparation of the round emerged in early August 2026. The negotiations were at an early stage at that time. The press mentioned a likely valuation of the platform at more than twenty billion dollars.
The Polymarket platform plans to raise up to one billion dollars. The headliner of the current round will be the 1789 Capital fund. The organization’s stake may amount to three hundred million dollars. A successful deal will make the fund one of the largest investors. The current status of the main investor is held by Intercontinental Exchange. The company’s total investment reaches 1.6 billion dollars. Intercontinental Exchange’s stake is estimated at approximately twenty‑two percent. The new round may significantly change the structure of major shareholders.
The 1789 Capital fund has previously invested in this project. The first investment took place in August, two thousand twenty-fifth year. Donald Trump Jr. joined the company as an advisor. The exact amount and conditions of the previous investment were not disclosed. The fund's previous investments amount to about two hundred million. A successful new round will increase the total share to five hundred million. Legislator Jamie Raskin sent a request to the fund's management asking for a list of investments and information on personnel decisions. The organization has denied allegations of a real conflict of interest. Representatives of the foundation called such arguments completely unfounded.
The fund’s participation continues amid important strategic changes. The Polymarket platform is trying to bring global business back to the United States. The company operates through a special regulated division. American clients primarily have access to contracts for sporting events.