Trump Jr. isn’t just writing checks. He’s joining Polymarket’s Advisory Board too.
The platform’s been around since 2020 when CEO Shayne Coplan started it. Users have already placed $6 billion worth of trades in just the first half of this year.
Why Trump Jr. Likes Prediction Markets
“Polymarket cuts through media spin and so-called ‘expert’ opinion by letting people bet on what they actually believe will happen in the world,” Trump Jr. said.
This isn’t his first rodeo with prediction platforms either. Back in January, Kalshi appointed him as Strategic Advisor. That company called him an “important addition to the team.”
Kalshi said Trump Jr. brings “extensive business experience and influence” as they push prediction markets mainstream.
What This Deal Actually Includes
The exact investment terms stay private for now. But 1789 Capital clearly sees potential in Polymarket’s model.
Trump Jr.’s advisory role suggests he’ll help shape strategy going forward. His previous work with Kalshi shows he’s committed to the space.
Kalshi’s been getting creative with their offerings. They even started taking bets on whether Travis Kelce and Taylor Swift will get married before 2025 ends.
How Sports Betting Giants React
FanDuel’s already making moves. They partnered with CME Group to develop “fully funded, event-based contracts with defined risk.”
These products should launch late 2025. They’ll cover major benchmarks like the S&P 500 and Nasdaq-100. Oil, gas, gold, and crypto prices too.
Economic indicators such as GDP and CPI will also get betting markets.
The sports betting operators clearly don’t want prediction markets eating their lunch. FanDuel’s partnership shows how seriously they’re taking this threat.
But Polymarket’s $6 billion in trading volume proves there’s real demand. And now they’ve got serious backing to compete.
Trump Jr.’s involvement adds political credibility too. His name recognition could help bring mainstream attention to prediction markets.
The timing makes sense. With his father back in office, Trump Jr.’s business moves get extra scrutiny. But they also carry more weight with certain audiences.
