Cryptocurrency prediction market Polymarket has secured tens of millions of dollars in investment today! This funding comes from Donald Trump Jr., the son of former U.S. President Donald Trump, through a venture capital fund under his name. Many may not know that Donald Trump Jr. joined a venture capital firm called 1789 Capital last year, and this investment in Polymarket is being made through that company.

In fact, before this, Polymarket was already quite popular and had previously received funding from another well-known investment firm, Founders Fund. Its valuation has exceeded $1 billion, which can be considered quite successful. This time, Donald Trump Jr. not only invested money but will also join Polymarket's advisory board to help brainstorm ideas and promote project development.

Speaking of Polymarket, it is a cryptocurrency-based prediction market platform that allows people to make predictions and place bets on various real-world events.

For instance, predictions and bets can be made on election results, economic data, and even entertainment gossip, using tokens to buy and sell their “opinions.” This model has become increasingly popular abroad, especially within the blockchain and cryptocurrency circles.

Donald Trump Jr. has also been quite active in the investment field in recent years. Although he is not a full-time venture capitalist, his name carries weight and he has many resources, so the projects he participates in generally attract significant attention. His investment in Polymarket is expected to bring more exposure and users to the platform. It seems that the combination of the cryptocurrency industry and prediction markets is attracting the attention of more and more prominent figures. #美联储降息预期