Trump Jr.'s 1789 Capital leads $1B Polymarket funding round at $21B valuation

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Prediction market platform Polymarket is raising $1 billion in a new funding round that values the company at $21 billion, up from its previous $15 billion valuation. Donald Trump Jr.'s investment firm, 1789 Capital, is leading the round with a contribution of approximately $300 million. This new investment adds to 1789 Capital's existing stake of around $200 million in the platform. The fundraise marks a significant jump in Polymarket's perceived market value within a short period.

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