Donald Trump Jr. joins the Polymarket Advisory Council

The integration of Trump Jr. was completed after a strategic investment by the risk firm 1789 Capital. This step consolidates the position of Polymarket in the crypto prediction market.

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• 1789 capital, Trump Jr. firm, made a strategic investment in Polymarket.
• Trump Jr. now advises so much to Polymarket like your rival Kalshi.
• Polymarket plans to return to the US market. After buying Qcex for USD $ 112 million.

Polymarket, The world’s largest prediction market platform announced Tuesday that Donald Trump Jr. will join his advisory council after a strategic investment made through the Risk Capital firm 1789 Capital.

President Donald Trump’s son serves as a partner in the company, but the economic terms of the operation were not revealed. In a statement published today, Trump Jr. stressed that Polymarket “Cut the media manipulation and the opinions of the so -called ‘experts’, allowing people to bet on what they really think will happen in the world.” He added that he feels pleased that 1789 Capital invest in the company and expressed honor for its role in the Council.

A double role in the sector

The announcement draws attention because Trump Jr. was already part of the strategic advisor of Kalshi, The direct competitor of Polymarket, Since January 2024. In this way, the businessman now advises the two most relevant platforms in the nascent predictive betting market.

So much Polymarket as Kalshi They reached popular peaks during the 2024 presidential elections in the United States. Both applications climbed to the first download places in the App Store A day before the elections, promoted in part by the comments of billionaire Elon Musk, who said the prediction markets were “more precise than surveys.”

Boom and stumbling Polymarket

Polymarket’s growth has not been exempt from difficulties. In 2022, the company faced a process with the Basic Product Future Trade Commission (CFTC) for allegedly offering illicit binary contracts. As a result, he paid a fine of USD $ 1.4 million, closed non -compliant markets and adopted measures to restrict user access in the United States.

Despite that setback, Polymarket He has maintained its international expansion and recently announced a decisive step to re -enter regulated to the US market. In July 2025, the company reported the acquisition of the derivatives house Qcex, licensed CFTC, for an amount of USD $ 112 million.

GROWTH COMPETITION

Donald Trump Jr. incursion strengthens the position of Polymarket in a sector that has aroused a growing interest among financial technology companies. So much Coinbase as Robinhood They have expressed plans to compete in the space of the prediction markets, considered by some experts as an evolution of the traditional chance game under a format Blockchain and financial.

Trump Jr.’s simultaneous presence in Polymarket and Kalshi It could open questions about possible conflicts of interest, although from the sector it is also interpreted as an indicator of the importance that these markets are acquiring in the political and economic sphere.

In a context where regulation is not yet completely defined and where platforms face pressures to comply with legal standards, the entry of investors and high profile advisors could accelerate the consolidation of this emerging sector.

Written article with the help of an AI content editor, edited by Angel Di Matteo / Diariobitcoin

Original image of Diariobitcoin, created with artificial intelligence, for free use, licensed under public domain.

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