Polymarket Enlists Donald Trump Jr. for U.S. Comeback Strategy

Prediction markets platform Polymarket has appointed Donald TRUMP Jr. to its advisory board following a strategic investment from 1789 Capital, where he is a partner. The move signals a concerted effort to re-enter the U.S. market after regulatory setbacks in 2022.

The partnership coincides with Polymarket's acquisition of QCEX, a regulated derivatives exchange, underscoring its ambitions to rebuild stateside operations. Trump Jr. has pledged to assist in reinstating U.S. access for the platform, which previously faced CFTC charges over unregistered event contracts.

1789 Capital's involvement aligns with its focus on fostering American innovation, though investment specifics remain undisclosed. Polymarket CEO Shayne Coplan characterized the deal as a pivotal moment for the company's growth trajectory.