The new round values the prediction market at $21 billion, up from $15 billion. Mr. Trump’s firm, 1789 Capital, will invest around $300 million.
Category: Trump, Donald J Jr
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Donald Trump Jr.’s Firm Leads $1 Billion Funding Round for Polymarket
The New York Times – Business: -
Prediction Markets and States Clashed, Setting Off a Furious Political Battle
The New York Times – Business:A legal dispute over the future of Kalshi, Polymarket and others has drawn in the Trump administration, the president’s son and nearly every state attorney general.
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Crypto Brought Trump a Huge Windfall, Even as Many Investors Lost Big
The New York Times – Business:President Trump and his family reaped vast financial rewards from a memecoin that generated losses for hundreds of thousands of investors.
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Marjorie Taylor Greene, Donald Trump Jr. and More Conservative Figures Announce Their Engagements
Several prominent conservative figures have announced that they are engaged this week, news often celebrated by President Trump.
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Here’s Who’s Attending Trump’s Dinner for the Saudi Crown Prince: Elon Musk, Cristiano Ronaldo and more.
The New York Times identified some of the guests invited to President Trump’s dinner for Crown Prince Mohammed bin Salman of Saudi Arabia.
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Donald Trump Jr. Pitches ‘Patriotic Capitalism’ at Saudi Summit
His firm, 1789 Capital, has been investing in artificial intelligence and defense technology — and, he said, it has an “understanding” of President Trump’s plans.
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Trump’s Son Is Poised to Profit From Pentagon Drone Proposal
A small company that has been manufacturing motors domestically for only a few weeks and has Donald Trump Jr. as an adviser won a parts order from the Army.
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Stock Exchange Parent to Take Big Stake in Polymarket
The $2 billion deal values the crypto-powered betting site, where users can wager on politics, sports and more, at about $8 billion.
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Is Sports Betting Illegal in Your State? Not if You Call It a ‘Prediction Market.’
Prediction markets like Kalshi, once known for offering wagers on elections, are now in the multibillion-dollar sports betting business and outside the reach of state regulations and taxes.